PPP Loan information for Precision components, inc.

$512,500

Precision components, inc. was initially approved for PPP Loan of amount $512,500, the current approved amount is $512,500. The loan was approved on 04/09/2020 by The Western Alliance Bank reported 50 jobs and $512,500 was used to fund payroll.

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

PRECISION COMPONENTS, INC.

Date Approved

04/09/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

PRECISION COMPONENTS, INC.

Borrower Address

1820 S 35TH AVE

Borrower City

PHOENIX

Borrower State

AZ

Borrower Zip

85009-6707

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

512500.00

Current Approval Amount

512500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317920

Servicing Lender Name

Western Alliance Bank

Servicing Lender Address

1 E Washington St

Servicing Lender City

PHOENIX

Servicing Lender State

AZ

Servicing Lender Zip

85004-2492

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PHOENIX

Project County Name

MARICOPA

Project State

AZ

Project Zip

85009-6707

CD

AZ-03

Jobs Reported

50

NAICS Code

488210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

12500.00

Payroll Proceed

450000.00

Mortgage Interest Proceed

50000.00

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

317920

Originating Lender

Western Alliance Bank

Originating Lender City

PHOENIX

Originating Lender State

AZ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

515446.87

Forgiveness Date

11/12/2020

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