PPP Loan information for Precision machining & tool co inc

$45,000

Precision machining & tool co inc was initially approved for PPP Loan of amount $45,000, the current approved amount is $45,000. The loan was approved on 05/01/2020 by The Fifth Third Bank reported 5 jobs and $45,000 was used to fund payroll.

Precision machining & tool co inc is New Business or 2 years or less

PPP Loan Search / IL / SKOKIE / Precision machining & tool co inc

PRECISION MACHINING & TOOL CO INC

Date Approved

05/01/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

PRECISION MACHINING & TOOL CO INC

Borrower Address

7328 RIDGEWAY AVE

Borrower City

SKOKIE

Borrower State

IL

Borrower Zip

60076

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

45000.00

Current Approval Amount

45000.00

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

New Business or 2 years or less

Project City

SKOKIE

Project County Name

COOK

Project State

IL

Project Zip

60076-0001

CD

IL-09

Jobs Reported

5

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

45000.00

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

45580.00

Forgiveness Date

08/23/2021

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