PPP Loan information for Precision machine product inc.

$259,830

Precision machine product inc. was initially approved for PPP Loan of amount $259,830, the current approved amount is $259,830. The loan was approved on 02/01/2021 by The Loan Source Incorporated reported 26 jobs and $259,830 was used to fund payroll.

Precision machine product inc. is Existing or more than 2 years old

PPP Loan Search / NJ / Clifton / Precision machine product inc.

PRECISION MACHINE PRODUCT INC.

Date Approved

02/01/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

PRECISION MACHINE PRODUCT INC.

Borrower Address

35 Monhegan St

Borrower City

Clifton

Borrower State

NJ

Borrower Zip

07013-2000

Loan Status Date

07/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

259830.00

Current Approval Amount

259830.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Clifton

Project County Name

PASSAIC

Project State

NJ

Project Zip

07013-2000

CD

NJ-09

Jobs Reported

26

NAICS Code

332312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

259824.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

263389.32

Forgiveness Date

06/28/2022

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