PPP Loan information for Precision grinding, inc.

$1,277,420

Precision grinding, inc. was initially approved for PPP Loan of amount $1,277,420, the current approved amount is $1,277,420. The loan was approved on 04/06/2020 by The Synovus Bank reported 87 jobs and $1,277,420 was used to fund payroll.

Precision grinding, inc. is Existing or more than 2 years old

PPP Loan Search / AL / BESSEMER / Precision grinding, inc.

PRECISION GRINDING, INC.

Date Approved

04/06/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

PRECISION GRINDING, INC.

Borrower Address

100 KILSBY CIR

Borrower City

BESSEMER

Borrower State

AL

Borrower Zip

35022-4085

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1277420.00

Current Approval Amount

1277420.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19248

Servicing Lender Name

Synovus Bank

Servicing Lender Address

1148 Broadway

Servicing Lender City

COLUMBUS

Servicing Lender State

GA

Servicing Lender Zip

31901-2429

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BESSEMER

Project County Name

JEFFERSON

Project State

AL

Project Zip

35022-4085

CD

AL-07

Jobs Reported

87

NAICS Code

332313

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1277420.00

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

19248

Originating Lender

Synovus Bank

Originating Lender City

COLUMBUS

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1286204.45

Forgiveness Date

12/17/2020

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