PPP Loan information for Precision laser & manufacturing, llc

$232,000

Precision laser & manufacturing, llc was initially approved for PPP Loan of amount $232,000, the current approved amount is $232,000. The loan was approved on 04/13/2020 by The First Farmers and Merchants Bank reported 27 jobs and $232,000 was used to fund payroll.

Precision laser & manufacturing, llc is Existing or more than 2 years old

PRECISION LASER & MANUFACTURING, LLC

Date Approved

04/13/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

PRECISION LASER & MANUFACTURING, LLC

Borrower Address

80 Motivation Dr.

Borrower City

LAWRENCEBURG

Borrower State

TN

Borrower Zip

38464-7372

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

232000.00

Current Approval Amount

232000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66879

Servicing Lender Name

First Farmers and Merchants Bank

Servicing Lender Address

816 S Garden St

Servicing Lender City

Columbia

Servicing Lender State

TN

Servicing Lender Zip

38401

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LAWRENCEBURG

Project County Name

LAWRENCE

Project State

TN

Project Zip

38464-7372

CD

TN-07

Jobs Reported

27

NAICS Code

333517

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

232000.00

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

66879

Originating Lender

First Farmers and Merchants Bank

Originating Lender City

Columbia

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

234622.89

Forgiveness Date

06/03/2021

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