PPP Loan information for Precision engineering inc.

$376,700

Precision engineering inc. was initially approved for PPP Loan of amount $376,700, the current approved amount is $376,700. The loan was approved on 04/08/2020 by The UniBank for Savings reported 32 jobs and $376,700 was used to fund payroll.

Precision engineering inc. is Existing or more than 2 years old

PRECISION ENGINEERING INC.

Date Approved

04/08/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

PRECISION ENGINEERING INC.

Borrower Address

29 INDUSTRIAL DR PO Box 546

Borrower City

UXBRIDGE

Borrower State

MA

Borrower Zip

01569-2273

Loan Status Date

09/01/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

376700.00

Current Approval Amount

376700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33377

Servicing Lender Name

UniBank for Savings

Servicing Lender Address

49 Church St

Servicing Lender City

WHITINSVILLE

Servicing Lender State

MA

Servicing Lender Zip

01588-1415

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

UXBRIDGE

Project County Name

WORCESTER

Project State

MA

Project Zip

01569-2273

CD

MA-02

Jobs Reported

32

NAICS Code

332322

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

376700.00

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

33377

Originating Lender

UniBank for Savings

Originating Lender City

WHITINSVILLE

Originating Lender State

MA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

379033.45

Forgiveness Date

11/27/2020

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