PPP Loan information for Micro-precision technologies, inc.

$283,192

Micro-precision technologies, inc. was initially approved for PPP Loan of amount $284,342, the current approved amount is $283,192. The loan was approved on 04/07/2020 by The Eastern Bank reported 17 jobs and $283,192 was used to fund payroll.

Micro-precision technologies, inc. is New Business or 2 years or less

PPP Loan Search / MA / LAWRENCE / Micro-precision technologies, inc.

MICRO-PRECISION TECHNOLOGIES, INC.

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MICRO-PRECISION TECHNOLOGIES, INC.

Borrower Address

439 S Union St. Ste 105

Borrower City

LAWRENCE

Borrower State

MA

Borrower Zip

01843-2800

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

284342.00

Current Approval Amount

283192.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

LAWRENCE

Project County Name

ESSEX

Project State

MA

Project Zip

01843-2800

CD

MA-03

Jobs Reported

17

NAICS Code

334412

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

283192.00

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

285489.00

Forgiveness Date

02/04/2021

;