PPP Loan information for Precision grinding, inc.

$164,557

Precision grinding, inc. was initially approved for PPP Loan of amount $164,557, the current approved amount is $164,557. The loan was approved on 05/01/2020 by The DreamSpring reported 12 jobs and $164,557 was used to fund payroll.

Precision grinding, inc. is Existing or more than 2 years old

PRECISION GRINDING, INC.

Date Approved

05/01/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

PRECISION GRINDING, INC.

Borrower Address

8527 Calle Alameda St NE

Borrower City

Albuquerque

Borrower State

NM

Borrower Zip

87113

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

164557.00

Current Approval Amount

164557.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

506410

Servicing Lender Name

DreamSpring

Servicing Lender Address

2000 Zearing Ave. NW

Servicing Lender City

Albuquerque

Servicing Lender State

NM

Servicing Lender Zip

87104

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Albuquerque

Project County Name

BERNALILLO

Project State

NM

Project Zip

87113-0001

CD

NM-01

Jobs Reported

12

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

164557.00

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

506410

Originating Lender

DreamSpring

Originating Lender City

Albuquerque

Originating Lender State

NM

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

166851.66

Forgiveness Date

10/04/2021

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