PPP Loan information for Precision metal industries

$120,300

Precision metal industries was initially approved for PPP Loan of amount $120,300, the current approved amount is $120,300. The loan was approved on 04/05/2020 by The Texana Bank, National Association reported 15 jobs and $120,300 was used to fund payroll.

Precision metal industries is Existing or more than 2 years old

PPP Loan Search / AR / TEXARKANA / Precision metal industries

PRECISION METAL INDUSTRIES

Date Approved

04/05/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

PRECISION METAL INDUSTRIES

Borrower Address

801 ROBERTS ST

Borrower City

TEXARKANA

Borrower State

AR

Borrower Zip

71854-6739

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

120300.00

Current Approval Amount

120300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

70797

Servicing Lender Name

Texana Bank, National Association

Servicing Lender Address

124 E Rush St

Servicing Lender City

LINDEN

Servicing Lender State

TX

Servicing Lender Zip

75563-5583

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

TEXARKANA

Project County Name

MILLER

Project State

AR

Project Zip

71854-6739

CD

AR-04

Jobs Reported

15

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6000.00

Payroll Proceed

104300.00

Mortgage Interest Proceed

10000.00

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

70797

Originating Lender

Texana Bank, National Association

Originating Lender City

LINDEN

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

111025.26

Forgiveness Date

12/10/2020

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