PPP Loan information for Precision instruments inc

$804,333

Precision instruments inc was initially approved for PPP Loan of amount $804,333, the current approved amount is $804,333. The loan was approved on 04/10/2020 by The Busey Bank reported 62 jobs and $804,333 was used to fund payroll.

Precision instruments inc is Existing or more than 2 years old

PPP Loan Search / IL / Des Plaines / Precision instruments inc

PRECISION INSTRUMENTS INC

Date Approved

04/10/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

PRECISION INSTRUMENTS INC

Borrower Address

1846 Miner Street

Borrower City

Des Plaines

Borrower State

IL

Borrower Zip

60016-4712

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

804333.00

Current Approval Amount

804333.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22749

Servicing Lender Name

Busey Bank

Servicing Lender Address

100 W University Ave

Servicing Lender City

CHAMPAIGN

Servicing Lender State

IL

Servicing Lender Zip

61820-3910

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Des Plaines

Project County Name

COOK

Project State

IL

Project Zip

60016-4712

CD

IL-05

Jobs Reported

62

NAICS Code

332216

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

804333.00

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

22749

Originating Lender

Busey Bank

Originating Lender City

CHAMPAIGN

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

811951.82

Forgiveness Date

03/18/2021

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