PPP Loan information for Precise power systems inc.

$142,770

Precise power systems inc. was initially approved for PPP Loan of amount $142,770, the current approved amount is $142,770. The loan was approved on 04/09/2020 by The JPMorgan Chase Bank, National Association reported 10 jobs and $142,770 was used to fund payroll.

Precise power systems inc. is New Business or 2 years or less

PPP Loan Search / MI / Bloomfield Hills / Precise power systems inc.

PRECISE POWER SYSTEMS INC.

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PRECISE POWER SYSTEMS INC.

Borrower Address

390 Enterprise Ct. Suite 200

Borrower City

Bloomfield Hills

Borrower State

MI

Borrower Zip

48302-0320

Loan Status Date

04/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

142770.00

Current Approval Amount

142770.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Bloomfield Hills

Project County Name

OAKLAND

Project State

MI

Project Zip

48302-0320

CD

MI-11

Jobs Reported

10

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4500.00

Payroll Proceed

112401.00

Mortgage Interest Proceed

0.00

Rent Proceed

12874.00

Refinance EIDL Proceed

0.00

Health Care Proceed

12995.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

144099.19

Forgiveness Date

03/19/2021

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