PPP Loan information for Precision aerospace corporation

$1,000,000

Precision aerospace corporation was initially approved for PPP Loan of amount $1,000,000, the current approved amount is $1,000,000. The loan was approved on 01/23/2021 by The BMO Harris Bank National Association reported 100 jobs and $1,000,000 was used to fund payroll.

Precision aerospace corporation is Existing or more than 2 years old

PRECISION AEROSPACE CORPORATION

Date Approved

01/23/2021

SBA Office Code

0920

Processing Method

PPP

Borrower Name

PRECISION AEROSPACE CORPORATION

Borrower Address

11155 Jersey Blvd Ste A

Borrower City

Rancho Cucamonga

Borrower State

CA

Borrower Zip

91730-5119

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1000000.00

Current Approval Amount

1000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21442

Servicing Lender Name

BMO Harris Bank National Association

Servicing Lender Address

111 W Monroe St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-4096

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Rancho Cucamonga

Project County Name

SAN BERNARDINO

Project State

CA

Project Zip

91730-5119

CD

CA-35

Jobs Reported

100

NAICS Code

336413

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

999994.00

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

21442

Originating Lender

BMO Harris Bank National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1005166.67

Forgiveness Date

08/03/2021

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