PPP Loan information for Precision equipment & design

$96,910

Precision equipment & design was initially approved for PPP Loan of amount $96,910, the current approved amount is $96,910. The loan was approved on 02/05/2021 by The Loan Source Incorporated reported 7 jobs and $96,910 was used to fund payroll.

Precision equipment & design is Existing or more than 2 years old

PRECISION EQUIPMENT & DESIGN

Date Approved

02/05/2021

SBA Office Code

0464

Processing Method

PPS

Borrower Name

PRECISION EQUIPMENT & DESIGN

Borrower Address

900 Ninth St

Borrower City

Winnsboro

Borrower State

SC

Borrower Zip

29180-1900

Loan Status Date

08/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

96910.00

Current Approval Amount

96910.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Winnsboro

Project County Name

FAIRFIELD

Project State

SC

Project Zip

29180-1900

CD

SC-05

Jobs Reported

7

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

96908.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

124102

Originating Lender

First Reliance Bank

Originating Lender City

FLORENCE

Originating Lender State

SC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

98333.12

Forgiveness Date

08/01/2022

;