PPP Loan information for Precision equipment & design

$110,527

Precision equipment & design was initially approved for PPP Loan of amount $110,527, the current approved amount is $110,527. The loan was approved on 04/16/2020 by The Cross River Bank reported 7 jobs and $110,527 was used to fund payroll.

Precision equipment & design is Existing or more than 2 years old

PRECISION EQUIPMENT & DESIGN

Date Approved

04/16/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

PRECISION EQUIPMENT & DESIGN

Borrower Address

900 9th street

Borrower City

winnscoro

Borrower State

SC

Borrower Zip

29180

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

110527.00

Current Approval Amount

110527.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

winnscoro

Project County Name

FAIRFIELD

Project State

SC

Project Zip

29180-0001

CD

SC-05

Jobs Reported

7

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

110527.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

112144.03

Forgiveness Date

10/06/2021

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