PPP Loan information for Precision inc.

$11,500

Precision inc. was initially approved for PPP Loan of amount $11,500, the current approved amount is $11,500. The loan was approved on 04/03/2021 by The The North Salem State Bank reported 6 jobs and $11,500 was used to fund payroll.

Precision inc. is Existing or more than 2 years old

PRECISION INC.

Date Approved

04/03/2021

SBA Office Code

0562

Processing Method

PPP

Borrower Name

PRECISION INC.

Borrower Address

1215 Middle Jamestown Rd

Borrower City

Lebanon

Borrower State

IN

Borrower Zip

46052-9177

Loan Status Date

09/23/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

11500.00

Current Approval Amount

11500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24090

Servicing Lender Name

The North Salem State Bank

Servicing Lender Address

7 N Broadway St

Servicing Lender City

NORTH SALEM

Servicing Lender State

IN

Servicing Lender Zip

46165

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lebanon

Project County Name

BOONE

Project State

IN

Project Zip

46052-9177

CD

IN-04

Jobs Reported

6

NAICS Code

236210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

11496.00

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

Subchapter S Corporation

Originating Lender Location Id

24090

Originating Lender

The North Salem State Bank

Originating Lender City

NORTH SALEM

Originating Lender State

IN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

11543.48

Forgiveness Date

08/24/2021

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