PPP Loan information for Precision cutting technologies inc.

$421,181

Precision cutting technologies inc. was initially approved for PPP Loan of amount $421,181, the current approved amount is $421,181. The loan was approved on 02/18/2021 by The Banner Bank reported 38 jobs and $421,181 was used to fund payroll.

Precision cutting technologies inc. is Existing or more than 2 years old

PRECISION CUTTING TECHNOLOGIES INC.

Date Approved

02/18/2021

SBA Office Code

1094

Processing Method

PPS

Borrower Name

PRECISION CUTTING TECHNOLOGIES INC.

Borrower Address

1611 N Molter Rd Ste 102

Borrower City

Liberty Lake

Borrower State

WA

Borrower Zip

99019-9484

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

421181.00

Current Approval Amount

421181.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79430

Servicing Lender Name

Banner Bank

Servicing Lender Address

10 S First Ave

Servicing Lender City

WALLA WALLA

Servicing Lender State

WA

Servicing Lender Zip

99362-1942

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Liberty Lake

Project County Name

SPOKANE

Project State

WA

Project Zip

99019-9484

CD

WA-05

Jobs Reported

38

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

421179.00

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

Corporation

Originating Lender Location Id

79430

Originating Lender

Banner Bank

Originating Lender City

WALLA WALLA

Originating Lender State

WA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

423973.49

Forgiveness Date

10/25/2021

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