PPP Loan information for Precision rail stress testing inc

$634,800

Precision rail stress testing inc was initially approved for PPP Loan of amount $634,800, the current approved amount is $634,800. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 24 jobs and $634,800 was used to fund payroll.

Precision rail stress testing inc is Existing or more than 2 years old

PPP Loan Search / SD / Sturgis / Precision rail stress testing inc

PRECISION RAIL STRESS TESTING INC

Date Approved

04/15/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

PRECISION RAIL STRESS TESTING INC

Borrower Address

3109 Conifer Trail

Borrower City

Sturgis

Borrower State

SD

Borrower Zip

57785

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

634800.00

Current Approval Amount

634800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sturgis

Project County Name

MEADE

Project State

SD

Project Zip

57785-0001

CD

SD-

Jobs Reported

24

NAICS Code

238910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

624550.00

Mortgage Interest Proceed

0.00

Rent Proceed

2000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

3500.00

Debt Interest Proceed

4750

Business Type

Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

641548.01

Forgiveness Date

05/21/2021

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