PPP Loan information for Precision fabrication inc

$314,500

Precision fabrication inc was initially approved for PPP Loan of amount $314,500, the current approved amount is $314,500. The loan was approved on 01/23/2021 by The Pinnacle Bank reported 35 jobs and $314,500 was used to fund payroll.

Precision fabrication inc is Existing or more than 2 years old

PPP Loan Search / NC / High Point / Precision fabrication inc

PRECISION FABRICATION INC

Date Approved

01/23/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

PRECISION FABRICATION INC

Borrower Address

2000 Nuggett Rd

Borrower City

High Point

Borrower State

NC

Borrower Zip

27263-2009

Loan Status Date

03/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

314500.00

Current Approval Amount

314500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

High Point

Project County Name

GUILFORD

Project State

NC

Project Zip

27263-2009

CD

NC-06

Jobs Reported

35

NAICS Code

339950

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

314495.00

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

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

317713.93

Forgiveness Date

02/03/2022

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