PPP Loan information for Precision electric group, inc.

$2,820,017

Precision electric group, inc. was initially approved for PPP Loan of amount $2,820,017, the current approved amount is $2,820,017. The loan was approved on 04/30/2020 by The Banner Bank reported 177 jobs and $2,820,017 was used to fund payroll.

Precision electric group, inc. is Existing or more than 2 years old

PPP Loan Search / WA / REDMOND / Precision electric group, inc.

PRECISION ELECTRIC GROUP, INC.

Date Approved

04/30/2020

SBA Office Code

1013

Processing Method

PPP

Borrower Name

PRECISION ELECTRIC GROUP, INC.

Borrower Address

15323 NE 90th St

Borrower City

REDMOND

Borrower State

WA

Borrower Zip

98052

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2820017.45

Current Approval Amount

2820017.45

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

REDMOND

Project County Name

KING

Project State

WA

Project Zip

98052-0001

CD

WA-01

Jobs Reported

177

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2820017.45

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

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

2850535.45

Forgiveness Date

06/11/2021

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