PPP Loan information for Precision arts corporation

$76,960

Precision arts corporation was initially approved for PPP Loan of amount $76,960, the current approved amount is $76,960. The loan was approved on 03/01/2021 by The Wells Fargo Bank, National Association reported 8 jobs and $76,960 was used to fund payroll.

Precision arts corporation is Existing or more than 2 years old

PRECISION ARTS CORPORATION

Date Approved

03/01/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

PRECISION ARTS CORPORATION

Borrower Address

4230 NE Riverside Dr

Borrower City

McMinnville

Borrower State

OR

Borrower Zip

97128-8403

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

76960.00

Current Approval Amount

76960.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

McMinnville

Project County Name

YAMHILL

Project State

OR

Project Zip

97128-8403

CD

OR-06

Jobs Reported

8

NAICS Code

332721

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

76958.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

77503.99

Forgiveness Date

11/16/2021

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