PPP Loan information for Precision converters, inc.

$635,891

Precision converters, inc. was initially approved for PPP Loan of amount $635,891, the current approved amount is $635,891. The loan was approved on 04/13/2020 by The Synovus Bank reported 65 jobs and $635,891 was used to fund payroll.

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

PPP Loan Search / SC / SPARTANBURG / Precision converters, inc.

PRECISION CONVERTERS, INC.

Date Approved

04/13/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

PRECISION CONVERTERS, INC.

Borrower Address

5770 N. Blackstock Rd

Borrower City

SPARTANBURG

Borrower State

SC

Borrower Zip

29303-6301

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

635890.75

Current Approval Amount

635890.75

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19248

Servicing Lender Name

Synovus Bank

Servicing Lender Address

1148 Broadway

Servicing Lender City

COLUMBUS

Servicing Lender State

GA

Servicing Lender Zip

31901-2429

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SPARTANBURG

Project County Name

SPARTANBURG

Project State

SC

Project Zip

29303-6301

CD

SC-04

Jobs Reported

65

NAICS Code

423990

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

635890.75

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

19248

Originating Lender

Synovus Bank

Originating Lender City

COLUMBUS

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

639618.99

Forgiveness Date

11/23/2020

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