PPP Loan information for Precision mechanical, inc.

$881,372

Precision mechanical, inc. was initially approved for PPP Loan of amount $881,372, the current approved amount is $881,372. The loan was approved on 04/16/2020 by The JPMorgan Chase Bank, National Association reported 72 jobs and $881,372 was used to fund payroll.

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

PPP Loan Search / KY / WINCHESTER / Precision mechanical, inc.

PRECISION MECHANICAL, INC.

Date Approved

04/16/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

PRECISION MECHANICAL, INC.

Borrower Address

850 TECH DR

Borrower City

WINCHESTER

Borrower State

KY

Borrower Zip

40391

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

881372.00

Current Approval Amount

881372.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WINCHESTER

Project County Name

CLARK

Project State

KY

Project Zip

40391-0001

CD

KY-06

Jobs Reported

72

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

12000.00

Payroll Proceed

738162.00

Mortgage Interest Proceed

0.00

Rent Proceed

53000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

48210.00

Debt Interest Proceed

30000

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

886842.38

Forgiveness Date

12/02/2020

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