PPP Loan information for Precision cutting technologies, inc.

$420,682

Precision cutting technologies, inc. was initially approved for PPP Loan of amount $420,682, the current approved amount is $420,682. The loan was approved on 04/12/2020 by The Banner Bank reported 38 jobs and $420,682 was used to fund payroll.

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

PPP Loan Search / WA / LIBERTY LAKE / Precision cutting technologies, inc.

PRECISION CUTTING TECHNOLOGIES, INC.

Date Approved

04/12/2020

SBA Office Code

1094

Processing Method

PPP

Borrower Name

PRECISION CUTTING TECHNOLOGIES, INC.

Borrower Address

1611 N Molter

Borrower City

LIBERTY LAKE

Borrower State

WA

Borrower Zip

99019

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

420681.98

Current Approval Amount

420681.98

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

99019-0001

CD

WA-05

Jobs Reported

38

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

16827.28

Payroll Proceed

315511.48

Mortgage Interest Proceed

67309.12

Rent Proceed

21034.10

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

424301.00

Forgiveness Date

02/24/2021

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