PPP Loan information for Precision machine llc

$44,084

Precision machine llc was initially approved for PPP Loan of amount $44,084, the current approved amount is $44,084. The loan was approved on 03/25/2021 by The Farmers and Merchants Bank reported 3 jobs and $44,084 was used to fund payroll.

Precision machine llc is Existing or more than 2 years old

PRECISION MACHINE LLC

Date Approved

03/25/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

PRECISION MACHINE LLC

Borrower Address

23801 AL Highway 9 N

Borrower City

Piedmont

Borrower State

AL

Borrower Zip

36272-6031

Loan Status Date

10/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

44083.75

Current Approval Amount

44083.75

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3189

Servicing Lender Name

Farmers and Merchants Bank

Servicing Lender Address

112 E Ladiga St

Servicing Lender City

PIEDMONT

Servicing Lender State

AL

Servicing Lender Zip

36272-1736

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Piedmont

Project County Name

CALHOUN

Project State

AL

Project Zip

36272-6031

CD

AL-03

Jobs Reported

3

NAICS Code

811219

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

44081.75

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

Limited Liability Company(LLC)

Originating Lender Location Id

3189

Originating Lender

Farmers and Merchants Bank

Originating Lender City

PIEDMONT

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

44283.03

Forgiveness Date

09/14/2021

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