PPP Loan information for Precision mechanical power services inc

$116,300

Precision mechanical power services inc was initially approved for PPP Loan of amount $116,300, the current approved amount is $116,300. The loan was approved on 02/25/2021 by The Carter FCU reported 7 jobs and $116,300 was used to fund payroll.

Precision mechanical power services inc is Existing or more than 2 years old

PRECISION MECHANICAL POWER SERVICES INC

Date Approved

02/25/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

PRECISION MECHANICAL POWER SERVICES INC

Borrower Address

3910 Industrial Cir

Borrower City

Bossier City

Borrower State

LA

Borrower Zip

71112-2549

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

116300.00

Current Approval Amount

116300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

97605

Servicing Lender Name

Carter FCU

Servicing Lender Address

133 S Main St

Servicing Lender City

SPRINGHILL

Servicing Lender State

LA

Servicing Lender Zip

71075-3205

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bossier City

Project County Name

BOSSIER

Project State

LA

Project Zip

71112-2549

CD

LA-04

Jobs Reported

7

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

116294.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

97605

Originating Lender

Carter FCU

Originating Lender City

SPRINGHILL

Originating Lender State

LA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

117051.97

Forgiveness Date

11/02/2021

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