PPP Loan information for Precision air technology

$743,882

Precision air technology was initially approved for PPP Loan of amount $743,882, the current approved amount is $743,882. The loan was approved on 05/18/2021 by The Truist Bank reported 50 jobs and $743,882 was used to fund payroll.

Precision air technology is Existing or more than 2 years old

PPP Loan Search / NC / Morrisville / Precision air technology

PRECISION AIR TECHNOLOGY

Date Approved

05/18/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

PRECISION AIR TECHNOLOGY

Borrower Address

108 Nova Dr

Borrower City

Morrisville

Borrower State

NC

Borrower Zip

27560-8244

Loan Status Date

03/15/2023

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

743881.53

Current Approval Amount

743881.53

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Morrisville

Project County Name

WAKE

Project State

NC

Project Zip

27560-8244

CD

NC-02

Jobs Reported

50

NAICS Code

541380

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

743881.53

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

Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

757271.40

Forgiveness Date

03/01/2023

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