PPP Loan information for Precision tool & machine services inc

$61,800

Precision tool & machine services inc was initially approved for PPP Loan of amount $61,800, the current approved amount is $61,800. The loan was approved on 04/14/2020 by The First Security Bank reported 9 jobs and $61,800 was used to fund payroll.

Precision tool & machine services inc is Existing or more than 2 years old

PRECISION TOOL & MACHINE SERVICES INC

Date Approved

04/14/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

PRECISION TOOL & MACHINE SERVICES INC

Borrower Address

863 S 2nd St

Borrower City

DARDANELLE

Borrower State

AR

Borrower Zip

72834-4435

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

61800.00

Current Approval Amount

61800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4754

Servicing Lender Name

First Security Bank

Servicing Lender Address

314 N Spring St

Servicing Lender City

SEARCY

Servicing Lender State

AR

Servicing Lender Zip

72143-7703

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DARDANELLE

Project County Name

YELL

Project State

AR

Project Zip

72834-4435

CD

AR-04

Jobs Reported

9

NAICS Code

333515

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

61800.00

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

4754

Originating Lender

First Security Bank

Originating Lender City

SEARCY

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

62545.03

Forgiveness Date

06/24/2021

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