PPP Loan information for Precision transmission inc

$51,900

Precision transmission inc was initially approved for PPP Loan of amount $51,900, the current approved amount is $51,900. The loan was approved on 04/04/2020 by The Kennebunk Savings Bank reported 5 jobs and $51,900 was used to fund payroll.

Precision transmission inc is Existing or more than 2 years old

PRECISION TRANSMISSION INC

Date Approved

04/04/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

PRECISION TRANSMISSION INC

Borrower Address

809 Sanford Road

Borrower City

WELLS

Borrower State

ME

Borrower Zip

04090-6010

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

51900.00

Current Approval Amount

51900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29702

Servicing Lender Name

Kennebunk Savings Bank

Servicing Lender Address

104 Main St

Servicing Lender City

KENNEBUNK

Servicing Lender State

ME

Servicing Lender Zip

04043-7023

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WELLS

Project County Name

YORK

Project State

ME

Project Zip

04090-6010

CD

ME-01

Jobs Reported

5

NAICS Code

811113

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

51900.00

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

29702

Originating Lender

Kennebunk Savings Bank

Originating Lender City

KENNEBUNK

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

52394.49

Forgiveness Date

03/23/2021

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