PPP Loan information for Precision mechanical inc.

$867,400

Precision mechanical inc. was initially approved for PPP Loan of amount $867,400, the current approved amount is $867,400. The loan was approved on 02/11/2021 by The JPMorgan Chase Bank, National Association reported 70 jobs and $867,400 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

02/11/2021

SBA Office Code

0457

Processing Method

PPS

Borrower Name

PRECISION MECHANICAL INC.

Borrower Address

850 Tech Dr

Borrower City

Winchester

Borrower State

KY

Borrower Zip

40391-6080

Loan Status Date

12/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

867400.00

Current Approval Amount

867400.00

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

40391-6080

CD

KY-06

Jobs Reported

70

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

867398.00

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

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

873846.23

Forgiveness Date

11/15/2021

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