PPP Loan information for Precision steel manufacturing corporation

$464,500

Precision steel manufacturing corporation was initially approved for PPP Loan of amount $464,500, the current approved amount is $464,500. The loan was approved on 04/11/2020 by The First-Citizens Bank & Trust Company reported 32 jobs and $464,500 was used to fund payroll.

Precision steel manufacturing corporation is New Business or 2 years or less

PRECISION STEEL MANUFACTURING CORPORATION

Date Approved

04/11/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

PRECISION STEEL MANUFACTURING CORPORATION

Borrower Address

1723 Seibel Drive

Borrower City

ROANOKE

Borrower State

VA

Borrower Zip

24012

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

464500.00

Current Approval Amount

464500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ROANOKE

Project County Name

ROANOKE CITY

Project State

VA

Project Zip

24012-0001

CD

VA-06

Jobs Reported

32

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

464500.00

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

Corporation

Originating Lender Location Id

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

467093.46

Forgiveness Date

11/03/2020

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