PPP Loan information for Precision hydraulic technology inc.

$581,800

Precision hydraulic technology inc. was initially approved for PPP Loan of amount $581,800, the current approved amount is $581,800. The loan was approved on 01/23/2021 by The American Momentum Bank reported 39 jobs and $581,800 was used to fund payroll.

Precision hydraulic technology inc. is Existing or more than 2 years old

PPP Loan Search / TX / Odessa / Precision hydraulic technology inc.

PRECISION HYDRAULIC TECHNOLOGY INC.

Date Approved

01/23/2021

SBA Office Code

0678

Processing Method

PPS

Borrower Name

PRECISION HYDRAULIC TECHNOLOGY INC.

Borrower Address

357 S FM 1936

Borrower City

Odessa

Borrower State

TX

Borrower Zip

79763-7632

Loan Status Date

02/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

581800.00

Current Approval Amount

581800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

444341

Servicing Lender Name

American Momentum Bank

Servicing Lender Address

1 Momentum Blvd

Servicing Lender City

COLLEGE STATION

Servicing Lender State

TX

Servicing Lender Zip

77845-6199

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Odessa

Project County Name

ECTOR

Project State

TX

Project Zip

79763-7632

CD

TX-11

Jobs Reported

39

NAICS Code

213112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

581795.00

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

444341

Originating Lender

American Momentum Bank

Originating Lender City

COLLEGE STATION

Originating Lender State

TX

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

587682.64

Forgiveness Date

01/26/2022

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