PPP Loan information for Precision devices inc

$250,000

Precision devices inc was initially approved for PPP Loan of amount $250,000, the current approved amount is $250,000. The loan was approved on 04/30/2020 by The Wells Fargo Bank, National Association reported 24 jobs and $250,000 was used to fund payroll.

Precision devices inc is Existing or more than 2 years old

PRECISION DEVICES INC

Date Approved

04/30/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

PRECISION DEVICES INC

Borrower Address

55 NORTH PLAINS INDUSTRIAL ROAD

Borrower City

WALLINGFORD

Borrower State

CT

Borrower Zip

06492

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

250000.00

Current Approval Amount

250000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WALLINGFORD

Project County Name

NEW HAVEN

Project State

CT

Project Zip

06492-0001

CD

CT-03

Jobs Reported

24

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

250000.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

251739.73

Forgiveness Date

01/19/2021

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