PPP Loan information for Precision electronics

$8,900

Precision electronics was initially approved for PPP Loan of amount $8,900, the current approved amount is $8,900. The loan was approved on 07/21/2020 by The Glenwood State Bank Incorporated reported 1 jobs and $8,900 was used to fund payroll.

Precision electronics is Existing or more than 2 years old

PRECISION ELECTRONICS

Date Approved

07/21/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PRECISION ELECTRONICS

Borrower Address

316 ROOSEVELT ST

Borrower City

ALEXANDRIA

Borrower State

MN

Borrower Zip

56308-1637

Loan Status Date

04/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

8900.00

Current Approval Amount

8900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38123

Servicing Lender Name

Glenwood State Bank Incorporated

Servicing Lender Address

5 E Minnesota Ave

Servicing Lender City

GLENWOOD

Servicing Lender State

MN

Servicing Lender Zip

56334-1625

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALEXANDRIA

Project County Name

DOUGLAS

Project State

MN

Project Zip

56308-1637

CD

MN-07

Jobs Reported

1

NAICS Code

441310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

8900.00

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

Sole Proprietorship

Originating Lender Location Id

38123

Originating Lender

Glenwood State Bank Incorporated

Originating Lender City

GLENWOOD

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

8954.62

Forgiveness Date

03/08/2021

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