PPP Loan information for Precision design machinery inc

$126,487

Precision design machinery inc was initially approved for PPP Loan of amount $126,487, the current approved amount is $126,487. The loan was approved on 01/22/2021 by The PNC Bank, National Association reported 15 jobs and $126,487 was used to fund payroll.

Precision design machinery inc is Existing or more than 2 years old

PPP Loan Search / NC / High Point / Precision design machinery inc

PRECISION DESIGN MACHINERY INC

Date Approved

01/22/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

PRECISION DESIGN MACHINERY INC

Borrower Address

1410 Danmar Ave

Borrower City

High Point

Borrower State

NC

Borrower Zip

27260-8351

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

126487.00

Current Approval Amount

126487.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

High Point

Project County Name

GUILFORD

Project State

NC

Project Zip

27260-8351

CD

NC-06

Jobs Reported

15

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

126485.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

127351.33

Forgiveness Date

10/04/2021

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