PPP Loan information for Precision grinding & mfg. corp

$1,956,000

Precision grinding & mfg. corp was initially approved for PPP Loan of amount $1,956,000, the current approved amount is $1,956,000. The loan was approved on 04/09/2020 by The Five Star Bank reported 156 jobs and $1,956,000 was used to fund payroll.

Precision grinding & mfg. corp is Existing or more than 2 years old

PPP Loan Search / NY / ROCHESTER / Precision grinding & mfg. corp

PRECISION GRINDING & MFG. CORP

Date Approved

04/09/2020

SBA Office Code

0219

Processing Method

PPP

Borrower Name

PRECISION GRINDING & MFG. CORP

Borrower Address

1305 Emerson Street

Borrower City

ROCHESTER

Borrower State

NY

Borrower Zip

14606-3006

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1956000.00

Current Approval Amount

1956000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50167

Servicing Lender Name

Five Star Bank

Servicing Lender Address

55 N Main St

Servicing Lender City

WARSAW

Servicing Lender State

NY

Servicing Lender Zip

14569-1325

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ROCHESTER

Project County Name

MONROE

Project State

NY

Project Zip

14606-3006

CD

NY-25

Jobs Reported

156

NAICS Code

532490

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1956000.00

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

50167

Originating Lender

Five Star Bank

Originating Lender City

WARSAW

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1974582.00

Forgiveness Date

03/31/2021

;