PPP Loan information for Precision equipment manufacturing llc

$468,065

Precision equipment manufacturing llc was initially approved for PPP Loan of amount $468,065, the current approved amount is $468,065. The loan was approved on 04/06/2020 by The Bremer Bank, National Association reported 50 jobs and $468,065 was used to fund payroll.

Precision equipment manufacturing llc is Existing or more than 2 years old

PRECISION EQUIPMENT MANUFACTURING LLC

Date Approved

04/06/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

PRECISION EQUIPMENT MANUFACTURING LLC

Borrower Address

4409 33rd St N

Borrower City

FARGO

Borrower State

ND

Borrower Zip

58102-6221

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

468065.00

Current Approval Amount

468065.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38908

Servicing Lender Name

Bremer Bank, National Association

Servicing Lender Address

372 St. Peter St

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55102-1302

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FARGO

Project County Name

CASS

Project State

ND

Project Zip

58102-6221

CD

ND-

Jobs Reported

50

NAICS Code

336212

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

468065.00

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

38908

Originating Lender

Bremer Bank, National Association

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

470899.04

Forgiveness Date

11/17/2020

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