PPP Loan information for Precision electrical company, inc.

$247,422

Precision electrical company, inc. was initially approved for PPP Loan of amount $257,423, the current approved amount is $247,422. The loan was approved on 04/14/2020 by The Bank of Tennessee reported 30 jobs and $247,422 was used to fund payroll.

Precision electrical company, inc. is Existing or more than 2 years old

PPP Loan Search / TN / KINGSPORT / Precision electrical company, inc.

PRECISION ELECTRICAL COMPANY, INC.

Date Approved

04/14/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

PRECISION ELECTRICAL COMPANY, INC.

Borrower Address

2817 Bloomingdale Road

Borrower City

KINGSPORT

Borrower State

TN

Borrower Zip

37660

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

257423.13

Current Approval Amount

247422.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67108

Servicing Lender Name

Bank of Tennessee

Servicing Lender Address

301 E Center St

Servicing Lender City

KINGSPORT

Servicing Lender State

TN

Servicing Lender Zip

37660-4801

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KINGSPORT

Project County Name

SULLIVAN

Project State

TN

Project Zip

37660-0200

CD

TN-01

Jobs Reported

30

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

247422.00

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

Corporation

Originating Lender Location Id

67108

Originating Lender

Bank of Tennessee

Originating Lender City

KINGSPORT

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

249964.95

Forgiveness Date

04/27/2021

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