PPP Loan information for Precision assembly, inc

$715,300

Precision assembly, inc was initially approved for PPP Loan of amount $715,300, the current approved amount is $715,300. The loan was approved on 04/15/2020 by The Glacier Bank reported 86 jobs and $715,300 was used to fund payroll.

Precision assembly, inc is Existing or more than 2 years old

PPP Loan Search / UT / AMERICAN FORK / Precision assembly, inc

PRECISION ASSEMBLY, INC

Date Approved

04/15/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

PRECISION ASSEMBLY, INC

Borrower Address

1442 SOUTH 500 EAST SUITE 100

Borrower City

AMERICAN FORK

Borrower State

UT

Borrower Zip

84003-4273

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

715300.00

Current Approval Amount

715300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

87893

Servicing Lender Name

Glacier Bank

Servicing Lender Address

202 Main St

Servicing Lender City

KALISPELL

Servicing Lender State

MT

Servicing Lender Zip

59901-4454

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AMERICAN FORK

Project County Name

UTAH

Project State

UT

Project Zip

84003-4273

CD

UT-03

Jobs Reported

86

NAICS Code

334418

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

89412.00

Payroll Proceed

536476.00

Mortgage Interest Proceed

0.00

Rent Proceed

89412.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

87893

Originating Lender

Glacier Bank

Originating Lender City

KALISPELL

Originating Lender State

MT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

719317.44

Forgiveness Date

11/19/2020

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