PPP Loan information for Precision electrical llc

$73,600

Precision electrical llc was initially approved for PPP Loan of amount $73,600, the current approved amount is $73,600. The loan was approved on 04/03/2020 by The Mid Minnesota FCU reported 7 jobs and $73,600 was used to fund payroll.

Precision electrical llc is Existing or more than 2 years old

PRECISION ELECTRICAL LLC

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PRECISION ELECTRICAL LLC

Borrower Address

9007 CROWN HILL CT

Borrower City

BRAINERD

Borrower State

MN

Borrower Zip

56401-7127

Loan Status Date

11/06/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

73600.00

Current Approval Amount

73600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99592

Servicing Lender Name

Mid Minnesota FCU

Servicing Lender Address

13283 Isle Dr

Servicing Lender City

BAXTER

Servicing Lender State

MN

Servicing Lender Zip

56425-8554

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BRAINERD

Project County Name

CROW WING

Project State

MN

Project Zip

56401-7127

CD

MN-08

Jobs Reported

7

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

58956.00

Mortgage Interest Proceed

0.00

Rent Proceed

14644.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

99592

Originating Lender

Mid Minnesota FCU

Originating Lender City

BAXTER

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

73984.36

Forgiveness Date

10/14/2020

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