PPP Loan information for Precision hydraulic technology, inc.

$742,096

Precision hydraulic technology, inc. was initially approved for PPP Loan of amount $742,096, the current approved amount is $742,096. The loan was approved on 04/14/2020 by The American Momentum Bank reported 44 jobs and $742,096 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

04/14/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

PRECISION HYDRAULIC TECHNOLOGY, INC.

Borrower Address

357 S.F.M. 1936

Borrower City

ODESSA

Borrower State

TX

Borrower Zip

79763

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

742096.00

Current Approval Amount

742096.00

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

79763-0002

CD

TX-11

Jobs Reported

44

NAICS Code

213112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

742096.00

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

748445.04

Forgiveness Date

02/22/2021

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