PPP Loan information for Precision technology, inc.

$194,100

Precision technology, inc. was initially approved for PPP Loan of amount $194,100, the current approved amount is $194,100. The loan was approved on 04/09/2020 by The Bank of the Southwest reported 30 jobs and $194,100 was used to fund payroll.

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

PPP Loan Search / NM / LAS CRUCES / Precision technology, inc.

PRECISION TECHNOLOGY, INC.

Date Approved

04/09/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

PRECISION TECHNOLOGY, INC.

Borrower Address

732 West Palms

Borrower City

LAS CRUCES

Borrower State

NM

Borrower Zip

88007-8146

Loan Status Date

06/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

194100.00

Current Approval Amount

194100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46008

Servicing Lender Name

Bank of the Southwest

Servicing Lender Address

226 N Main St

Servicing Lender City

ROSWELL

Servicing Lender State

NM

Servicing Lender Zip

88201-4723

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LAS CRUCES

Project County Name

DONA ANA

Project State

NM

Project Zip

88007-8146

CD

NM-02

Jobs Reported

30

NAICS Code

332999

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

194100.00

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

46008

Originating Lender

Bank of the Southwest

Originating Lender City

ROSWELL

Originating Lender State

NM

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

196259.03

Forgiveness Date

05/25/2021

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