PPP Loan information for Precision assembly

$242,000

Precision assembly was initially approved for PPP Loan of amount $242,000, the current approved amount is $242,000. The loan was approved on 04/30/2020 by The Renasant Bank reported 40 jobs and $242,000 was used to fund payroll.

Precision assembly is Existing or more than 2 years old

PPP Loan Search / TN / SELMER / Precision assembly

PRECISION ASSEMBLY

Date Approved

04/30/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

PRECISION ASSEMBLY

Borrower Address

465 Industrial Park Rd

Borrower City

SELMER

Borrower State

TN

Borrower Zip

38375

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

242000.00

Current Approval Amount

242000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40010

Servicing Lender Name

Renasant Bank

Servicing Lender Address

209 Troy St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4827

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SELMER

Project County Name

MCNAIRY

Project State

TN

Project Zip

38375-0001

CD

TN-08

Jobs Reported

40

NAICS Code

339999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

242000.00

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

Partnership

Originating Lender Location Id

40010

Originating Lender

Renasant Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

243815.00

Forgiveness Date

02/09/2021

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