PPP Loan information for Precision equipment inc.

$520,592

Precision equipment inc. was initially approved for PPP Loan of amount $520,592, the current approved amount is $520,592. The loan was approved on 02/20/2021 by The Banner Bank reported 33 jobs and $520,592 was used to fund payroll.

Precision equipment inc. is Existing or more than 2 years old

PPP Loan Search / OR / Portland / Precision equipment inc.

PRECISION EQUIPMENT INC.

Date Approved

02/20/2021

SBA Office Code

1086

Processing Method

PPP

Borrower Name

PRECISION EQUIPMENT INC.

Borrower Address

8440 N Kerby Ave

Borrower City

Portland

Borrower State

OR

Borrower Zip

97217-1017

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

520592.00

Current Approval Amount

520592.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79430

Servicing Lender Name

Banner Bank

Servicing Lender Address

10 S First Ave

Servicing Lender City

WALLA WALLA

Servicing Lender State

WA

Servicing Lender Zip

99362-1942

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Portland

Project County Name

MULTNOMAH

Project State

OR

Project Zip

97217-1017

CD

OR-03

Jobs Reported

33

NAICS Code

333995

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

520588.00

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

Subchapter S Corporation

Originating Lender Location Id

79430

Originating Lender

Banner Bank

Originating Lender City

WALLA WALLA

Originating Lender State

WA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

522089.59

Forgiveness Date

06/14/2021

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