PPP Loan information for Precision engineering inc

$1,515,320

Precision engineering inc was initially approved for PPP Loan of amount $1,515,320, the current approved amount is $1,515,320. The loan was approved on 04/11/2020 by The Trustmark National Bank reported 65 jobs and $1,515,320 was used to fund payroll.

Precision engineering inc is Existing or more than 2 years old

PPP Loan Search / AL / MOBILE / Precision engineering inc

PRECISION ENGINEERING INC

Date Approved

04/11/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

PRECISION ENGINEERING INC

Borrower Address

400 Saint Louis St

Borrower City

MOBILE

Borrower State

AL

Borrower Zip

36602-2522

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1515320.00

Current Approval Amount

1515320.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39334

Servicing Lender Name

Trustmark National Bank

Servicing Lender Address

248 E Capitol St

Servicing Lender City

JACKSON

Servicing Lender State

MS

Servicing Lender Zip

39201-2503

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOBILE

Project County Name

MOBILE

Project State

AL

Project Zip

36602-2522

CD

AL-01

Jobs Reported

65

NAICS Code

541330

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1515320.00

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

39334

Originating Lender

Trustmark National Bank

Originating Lender City

JACKSON

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1524201.46

Forgiveness Date

11/23/2020

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