PPP Loan information for Precision mechanical

$331,700

Precision mechanical was initially approved for PPP Loan of amount $331,700, the current approved amount is $331,700. The loan was approved on 04/08/2020 by The BankWest, Inc reported 35 jobs and $331,700 was used to fund payroll.

Precision mechanical is Existing or more than 2 years old

PPP Loan Search / SD / RAPID CITY / Precision mechanical

PRECISION MECHANICAL

Date Approved

04/08/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

PRECISION MECHANICAL

Borrower Address

5700 S Hwy 79 Unit E3

Borrower City

RAPID CITY

Borrower State

SD

Borrower Zip

57709

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

331700.00

Current Approval Amount

331700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66573

Servicing Lender Name

BankWest, Inc

Servicing Lender Address

420 S Pierre St

Servicing Lender City

PIERRE

Servicing Lender State

SD

Servicing Lender Zip

57501-3224

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RAPID CITY

Project County Name

PENNINGTON

Project State

SD

Project Zip

57709-0001

CD

SD-

Jobs Reported

35

NAICS Code

236220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

9800.00

Payroll Proceed

286100.00

Mortgage Interest Proceed

0.00

Rent Proceed

17800.00

Refinance EIDL Proceed

0.00

Health Care Proceed

9900.00

Debt Interest Proceed

8100

Business Type

Limited Liability Partnership

Originating Lender Location Id

66573

Originating Lender

BankWest, Inc

Originating Lender City

PIERRE

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

323515.62

Forgiveness Date

11/09/2020

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