PPP Loan information for Precision design engineering corporation

$112,310

Precision design engineering corporation was initially approved for PPP Loan of amount $112,310, the current approved amount is $112,310. The loan was approved on 01/26/2021 by The Webster Bank National Association reported 7 jobs and $112,310 was used to fund payroll.

Precision design engineering corporation is Existing or more than 2 years old

PRECISION DESIGN ENGINEERING CORPORATION

Date Approved

01/26/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

PRECISION DESIGN ENGINEERING CORPORATION

Borrower Address

10 Kendrick Rd Ste 6

Borrower City

Wareham

Borrower State

MA

Borrower Zip

02571-1055

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

112310.00

Current Approval Amount

112310.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15940

Servicing Lender Name

Webster Bank National Association

Servicing Lender Address

137 Bank St

Servicing Lender City

WATERBURY

Servicing Lender State

CT

Servicing Lender Zip

06702-2205

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wareham

Project County Name

PLYMOUTH

Project State

MA

Project Zip

02571-1055

CD

MA-09

Jobs Reported

7

NAICS Code

541330

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

112309.00

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

15940

Originating Lender

Webster Bank National Association

Originating Lender City

WATERBURY

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

112796.16

Forgiveness Date

07/14/2021

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