PPP Loan information for Precision cut industries, inc.

$1,745,600

Precision cut industries, inc. was initially approved for PPP Loan of amount $1,745,600, the current approved amount is $1,745,600. The loan was approved on 04/06/2020 by The Traditions Bank reported 150 jobs and $1,745,600 was used to fund payroll.

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

PPP Loan Search / PA / HANOVER / Precision cut industries, inc.

PRECISION CUT INDUSTRIES, INC.

Date Approved

04/06/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

PRECISION CUT INDUSTRIES, INC.

Borrower Address

115 Ram Drive

Borrower City

HANOVER

Borrower State

PA

Borrower Zip

17331-7783

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1745600.00

Current Approval Amount

1745600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

284268

Servicing Lender Name

Traditions Bank

Servicing Lender Address

226 Pauline Dr

Servicing Lender City

YORK

Servicing Lender State

PA

Servicing Lender Zip

17402-4625

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HANOVER

Project County Name

YORK

Project State

PA

Project Zip

17331-7783

CD

PA-13

Jobs Reported

150

NAICS Code

332999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1745600.00

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

284268

Originating Lender

Traditions Bank

Originating Lender City

YORK

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1755443.24

Forgiveness Date

11/03/2020

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