PPP Loan information for Precision fiber

$26,000

Precision fiber was initially approved for PPP Loan of amount $31,000, the current approved amount is $26,000. The loan was approved on 05/01/2020 by The Regions Bank reported 8 jobs and $26,000 was used to fund payroll.

Precision fiber is Existing or more than 2 years old

PRECISION FIBER

Date Approved

05/01/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

PRECISION FIBER

Borrower Address

6769 Lee Rd 158,

Borrower City

Salem

Borrower State

AL

Borrower Zip

36874

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

31000.00

Current Approval Amount

26000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Salem

Project County Name

LEE

Project State

AL

Project Zip

36874-0001

CD

AL-03

Jobs Reported

8

NAICS Code

236115

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

26000.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

26281.37

Forgiveness Date

06/04/2021

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