PPP Loan information for Precision machine & tool co.

$126,500

Precision machine & tool co. was initially approved for PPP Loan of amount $126,500, the current approved amount is $126,500. The loan was approved on 04/06/2020 by The The First National Bank Bellevue reported 9 jobs and $126,500 was used to fund payroll.

Precision machine & tool co. is Existing or more than 2 years old

PPP Loan Search / OH / FREMONT / Precision machine & tool co.

PRECISION MACHINE & TOOL CO.

Date Approved

04/06/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

PRECISION MACHINE & TOOL CO.

Borrower Address

1016 5TH ST

Borrower City

FREMONT

Borrower State

OH

Borrower Zip

43420-3932

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

126500.00

Current Approval Amount

126500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53285

Servicing Lender Name

The First National Bank Bellevue

Servicing Lender Address

120 North St

Servicing Lender City

BELLEVUE

Servicing Lender State

OH

Servicing Lender Zip

44811-1422

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FREMONT

Project County Name

SANDUSKY

Project State

OH

Project Zip

43420-3932

CD

OH-09

Jobs Reported

9

NAICS Code

333515

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

103200.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

23300.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

53285

Originating Lender

The First National Bank Bellevue

Originating Lender City

BELLEVUE

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

127311.71

Forgiveness Date

12/02/2020

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