PPP Loan information for Precision machining tool co

$41,915

Precision machining tool co was initially approved for PPP Loan of amount $41,915, the current approved amount is $41,915. The loan was approved on 01/23/2021 by The Fifth Third Bank reported 5 jobs and $41,915 was used to fund payroll.

Precision machining tool co is Existing or more than 2 years old

PPP Loan Search / IL / Skokie / Precision machining tool co

PRECISION MACHINING TOOL CO

Date Approved

01/23/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

PRECISION MACHINING TOOL CO

Borrower Address

7328 Ridgeway Ave

Borrower City

Skokie

Borrower State

IL

Borrower Zip

60076-4027

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

41915.00

Current Approval Amount

41915.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Skokie

Project County Name

COOK

Project State

IL

Project Zip

60076-4027

CD

IL-09

Jobs Reported

5

NAICS Code

332312

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

41910.00

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

42458.73

Forgiveness Date

05/19/2022

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