PPP Loan information for Precision electric, inc

$34,000

Precision electric, inc was initially approved for PPP Loan of amount $34,000, the current approved amount is $34,000. The loan was approved on 05/01/2020 by The PNC Bank, National Association reported 2 jobs and $34,000 was used to fund payroll.

Precision electric, inc is Unanswered

PPP Loan Search / MI / WEST BLOOMFIELD / Precision electric, inc

PRECISION ELECTRIC, INC

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PRECISION ELECTRIC, INC

Borrower Address

2446 KEYLON DR

Borrower City

WEST BLOOMFIELD

Borrower State

MI

Borrower Zip

48324

Loan Status Date

06/14/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

34000.00

Current Approval Amount

34000.00

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

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

WEST BLOOMFIELD

Project County Name

OAKLAND

Project State

MI

Project Zip

48324-0899

CD

MI-11

Jobs Reported

2

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

34000.00

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

29967.34

Forgiveness Date

07/29/2021

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