PPP Loan information for Precision heat treating corporation

$234,000

Precision heat treating corporation was initially approved for PPP Loan of amount $234,000, the current approved amount is $234,000. The loan was approved on 04/08/2020 by The 1st Source Bank reported 22 jobs and $234,000 was used to fund payroll.

Precision heat treating corporation is Existing or more than 2 years old

PRECISION HEAT TREATING CORPORATION

Date Approved

04/08/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

PRECISION HEAT TREATING CORPORATION

Borrower Address

2711 Adams Center Rd

Borrower City

FORT WAYNE

Borrower State

IN

Borrower Zip

46803-3215

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

234000.00

Current Approval Amount

234000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24195

Servicing Lender Name

1st Source Bank

Servicing Lender Address

100 N Michigan St

Servicing Lender City

SOUTH BEND

Servicing Lender State

IN

Servicing Lender Zip

46601-1630

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FORT WAYNE

Project County Name

ALLEN

Project State

IN

Project Zip

46803-3215

CD

IN-03

Jobs Reported

22

NAICS Code

811310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

234000.00

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

24195

Originating Lender

1st Source Bank

Originating Lender City

SOUTH BEND

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

235430.00

Forgiveness Date

11/23/2020

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