PPP Loan information for Precision point, inc.

$114,367

Precision point, inc. was initially approved for PPP Loan of amount $135,035, the current approved amount is $114,367. The loan was approved on 04/08/2020 by The Horizon Bank reported 9 jobs and $114,367 was used to fund payroll.

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

PRECISION POINT, INC.

Date Approved

04/08/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

PRECISION POINT, INC.

Borrower Address

301 E Carmel Dr

Borrower City

CARMEL

Borrower State

IN

Borrower Zip

46032-0011

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

135035.00

Current Approval Amount

114367.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23955

Servicing Lender Name

Horizon Bank

Servicing Lender Address

515 Franklin Sq

Servicing Lender City

MICHIGAN CITY

Servicing Lender State

IN

Servicing Lender Zip

46360-3328

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CARMEL

Project County Name

HAMILTON

Project State

IN

Project Zip

46032-0011

CD

IN-05

Jobs Reported

9

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

11436.70

Payroll Proceed

91493.60

Mortgage Interest Proceed

11436.70

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

23955

Originating Lender

Horizon Bank

Originating Lender City

MICHIGAN CITY

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

106056.94

Forgiveness Date

12/17/2020

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