PPP Loan information for Precision engineering & maintenance inc

$231,200

Precision engineering & maintenance inc was initially approved for PPP Loan of amount $231,200, the current approved amount is $231,200. The loan was approved on 05/01/2020 by The Zions Bank, A Division of reported 20 jobs and $231,200 was used to fund payroll.

Precision engineering & maintenance inc is Existing or more than 2 years old

PRECISION ENGINEERING & MAINTENANCE INC

Date Approved

05/01/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

PRECISION ENGINEERING & MAINTENANCE INC

Borrower Address

426 W Universal Circle

Borrower City

Sandy

Borrower State

UT

Borrower Zip

84070

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

231200.00

Current Approval Amount

231200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72601

Servicing Lender Name

Zions Bank, A Division of

Servicing Lender Address

1 S Main St

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84133-1109

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sandy

Project County Name

SALT LAKE

Project State

UT

Project Zip

84070-0100

CD

UT-03

Jobs Reported

20

NAICS Code

423450

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

231200.00

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

72601

Originating Lender

Zions Bank, A Division of

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

233695.69

Forgiveness Date

06/04/2021

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