PPP Loan information for Precision metal industries inc

$120,360

Precision metal industries inc was initially approved for PPP Loan of amount $120,360, the current approved amount is $120,360. The loan was approved on 03/10/2021 by The Texana Bank, National Association reported 15 jobs and $120,360 was used to fund payroll.

Precision metal industries inc is Existing or more than 2 years old

PPP Loan Search / AR / Texarkana / Precision metal industries inc

PRECISION METAL INDUSTRIES INC

Date Approved

03/10/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

PRECISION METAL INDUSTRIES INC

Borrower Address

801 Roberts St

Borrower City

Texarkana

Borrower State

AR

Borrower Zip

71854-6739

Loan Status Date

09/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

120360.00

Current Approval Amount

120360.00

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

N

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

1.00

Payroll Proceed

120357.00

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

70797

Originating Lender

Texana Bank, National Association

Originating Lender City

LINDEN

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

120811.76

Forgiveness Date

08/09/2021

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