PPP Loan information for American precision industries, inc.

$962,540

American precision industries, inc. was initially approved for PPP Loan of amount $962,540, the current approved amount is $962,540. The loan was approved on 04/28/2020 by The U.S. Bank, National Association reported 71 jobs and $962,540 was used to fund payroll.

American precision industries, inc. is Existing or more than 2 years old

AMERICAN PRECISION INDUSTRIES, INC.

Date Approved

04/28/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

AMERICAN PRECISION INDUSTRIES, INC.

Borrower Address

2480 NE Century Blvd.

Borrower City

HILLSBORO

Borrower State

OR

Borrower Zip

97124

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

962540.00

Current Approval Amount

962540.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HILLSBORO

Project County Name

WASHINGTON

Project State

OR

Project Zip

97124-0001

CD

OR-01

Jobs Reported

71

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

962540.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

968368.71

Forgiveness Date

12/09/2020

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