PPP Loan information for Precision auto rebuilders, inc.

$192,400

Precision auto rebuilders, inc. was initially approved for PPP Loan of amount $218,800, the current approved amount is $192,400. The loan was approved on 04/04/2020 by The Hometown Bank reported 16 jobs and $192,400 was used to fund payroll.

Precision auto rebuilders, inc. is Existing or more than 2 years old

PRECISION AUTO REBUILDERS, INC.

Date Approved

04/04/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

PRECISION AUTO REBUILDERS, INC.

Borrower Address

243 WEST MAIN ST

Borrower City

DUDLEY

Borrower State

MA

Borrower Zip

01571-5940

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

218800.00

Current Approval Amount

192400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89228

Servicing Lender Name

Hometown Bank

Servicing Lender Address

31 Sutton Ave

Servicing Lender City

OXFORD

Servicing Lender State

MA

Servicing Lender Zip

01540-1755

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DUDLEY

Project County Name

WORCESTER

Project State

MA

Project Zip

01571-5940

CD

MA-01

Jobs Reported

16

NAICS Code

811198

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

192400.00

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

Subchapter S Corporation

Originating Lender Location Id

89228

Originating Lender

Hometown Bank

Originating Lender City

OXFORD

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

194656.09

Forgiveness Date

06/17/2021

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