PPP Loan information for Precise products corporation

$1,701,527

Precise products corporation was initially approved for PPP Loan of amount $1,701,527, the current approved amount is $1,701,527. The loan was approved on 04/06/2020 by The Village Bank reported 115 jobs and $1,701,527 was used to fund payroll.

Precise products corporation is Existing or more than 2 years old

PPP Loan Search / MN / MINNEAPOLIS / Precise products corporation

PRECISE PRODUCTS CORPORATION

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PRECISE PRODUCTS CORPORATION

Borrower Address

1201 PLYMOUTH AVE N

Borrower City

MINNEAPOLIS

Borrower State

MN

Borrower Zip

55411-4002

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1701527.00

Current Approval Amount

1701527.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

118028

Servicing Lender Name

Village Bank

Servicing Lender Address

3350 Bridge St NW

Servicing Lender City

SAINT FRANCIS

Servicing Lender State

MN

Servicing Lender Zip

55070-9732

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MINNEAPOLIS

Project County Name

HENNEPIN

Project State

MN

Project Zip

55411-4002

CD

MN-05

Jobs Reported

115

NAICS Code

332721

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1701527.00

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

Employee Stock Ownership Plan(ESOP)

Originating Lender Location Id

118028

Originating Lender

Village Bank

Originating Lender City

SAINT FRANCIS

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1700610.27

Forgiveness Date

11/03/2020

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