PPP Loan information for Precision machine of savannah inc

$986,830

Precision machine of savannah inc was initially approved for PPP Loan of amount $986,830, the current approved amount is $986,830. The loan was approved on 04/13/2020 by The Synovus Bank reported 80 jobs and $986,830 was used to fund payroll.

Precision machine of savannah inc is Existing or more than 2 years old

PRECISION MACHINE OF SAVANNAH INC

Date Approved

04/13/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

PRECISION MACHINE OF SAVANNAH INC

Borrower Address

8 TELFAIR PLACE

Borrower City

SAVANNAH

Borrower State

GA

Borrower Zip

31414-9502

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

986830.00

Current Approval Amount

986830.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

SAVANNAH

Project County Name

CHATHAM

Project State

GA

Project Zip

31414-3501

CD

GA-01

Jobs Reported

80

NAICS Code

332710

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

986830.00

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

19248

Originating Lender

Synovus Bank

Originating Lender City

COLUMBUS

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1000131.93

Forgiveness Date

08/24/2021

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