PPP Loan information for American precision machining, inc

$72,500

American precision machining, inc was initially approved for PPP Loan of amount $72,500, the current approved amount is $72,500. The loan was approved on 04/08/2020 by The Bank of Tennessee reported 7 jobs and $72,500 was used to fund payroll.

American precision machining, inc is Existing or more than 2 years old

AMERICAN PRECISION MACHINING, INC

Date Approved

04/08/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

AMERICAN PRECISION MACHINING, INC

Borrower Address

143 Lacy Road

Borrower City

BUTLER

Borrower State

TN

Borrower Zip

37640-7331

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

72500.00

Current Approval Amount

72500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67108

Servicing Lender Name

Bank of Tennessee

Servicing Lender Address

301 E Center St

Servicing Lender City

KINGSPORT

Servicing Lender State

TN

Servicing Lender Zip

37660-4801

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BUTLER

Project County Name

JOHNSON

Project State

TN

Project Zip

37640-7331

CD

TN-01

Jobs Reported

7

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

72500.00

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

67108

Originating Lender

Bank of Tennessee

Originating Lender City

KINGSPORT

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

73124.31

Forgiveness Date

02/25/2021

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