PPP Loan information for Precision measurements, inc.

$1,049,100

Precision measurements, inc. was initially approved for PPP Loan of amount $1,049,100, the current approved amount is $1,049,100. The loan was approved on 04/13/2020 by The TowneBank reported 73 jobs and $1,049,100 was used to fund payroll.

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

PRECISION MEASUREMENTS, INC.

Date Approved

04/13/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

PRECISION MEASUREMENTS, INC.

Borrower Address

629 Phoenix Drive Suite 100

Borrower City

VIRGINIA BEACH

Borrower State

VA

Borrower Zip

23452-7341

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1049100.00

Current Approval Amount

1049100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VIRGINIA BEACH

Project County Name

VIRGINIA BEACH CITY

Project State

VA

Project Zip

23452-7341

CD

VA-02

Jobs Reported

73

NAICS Code

541370

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1049100.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1057929.93

Forgiveness Date

02/19/2021

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