PPP Loan information for Precision machine products inc.

$243,300

Precision machine products inc. was initially approved for PPP Loan of amount $243,300, the current approved amount is $243,300. The loan was approved on 04/08/2020 by The Loan Source Incorporated reported 51 jobs and $243,300 was used to fund payroll.

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

PPP Loan Search / NJ / CLIFTON / Precision machine products inc.

PRECISION MACHINE PRODUCTS INC.

Date Approved

04/08/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

PRECISION MACHINE PRODUCTS INC.

Borrower Address

35 Monhegan St

Borrower City

CLIFTON

Borrower State

NJ

Borrower Zip

07013-2000

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

243300.00

Current Approval Amount

243300.00

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

51

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

243300.00

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

203241

Originating Lender

BCB Community Bank

Originating Lender City

BAYONNE

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

246659.54

Forgiveness Date

08/31/2021

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