PPP Loan information for Precision electronics, inc

$90,880

Precision electronics, inc was initially approved for PPP Loan of amount $90,880, the current approved amount is $90,880. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 11 jobs and $90,880 was used to fund payroll.

Precision electronics, inc is New Business or 2 years or less

PPP Loan Search / NC / HICKORY / Precision electronics, inc

PRECISION ELECTRONICS, INC

Date Approved

05/01/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

PRECISION ELECTRONICS, INC

Borrower Address

1048 MAIN AVENUE DR NW

Borrower City

HICKORY

Borrower State

NC

Borrower Zip

28601-6003

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

90880.00

Current Approval Amount

90880.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

HICKORY

Project County Name

CATAWBA

Project State

NC

Project Zip

28601-6003

CD

NC-10

Jobs Reported

11

NAICS Code

811219

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

90880.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

91717.78

Forgiveness Date

04/08/2021

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