PPP Loan information for Precision woodworking solutions, llc

$26,400

Precision woodworking solutions, llc was initially approved for PPP Loan of amount $26,400, the current approved amount is $26,400. The loan was approved on 05/11/2020 by The The State Bank of Faribault reported 2 jobs and $26,400 was used to fund payroll.

Precision woodworking solutions, llc is Existing or more than 2 years old

PRECISION WOODWORKING SOLUTIONS, LLC

Date Approved

05/11/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PRECISION WOODWORKING SOLUTIONS, LLC

Borrower Address

3405 9TH ST NW

Borrower City

OWATONNA

Borrower State

MN

Borrower Zip

55060-1185

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

26400.00

Current Approval Amount

26400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38055

Servicing Lender Name

The State Bank of Faribault

Servicing Lender Address

428 Central Ave

Servicing Lender City

FARIBAULT

Servicing Lender State

MN

Servicing Lender Zip

55021-5217

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

OWATONNA

Project County Name

STEELE

Project State

MN

Project Zip

55060-1185

CD

MN-01

Jobs Reported

2

NAICS Code

321918

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

26400.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

38055

Originating Lender

The State Bank of Faribault

Originating Lender City

FARIBAULT

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

26558.40

Forgiveness Date

12/22/2020

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