PPP Loan information for Precision manufacturing institute

$104,500

Precision manufacturing institute was initially approved for PPP Loan of amount $104,500, the current approved amount is $104,500. The loan was approved on 02/05/2021 by The PNC Bank, National Association reported 11 jobs and $104,500 was used to fund payroll.

Precision manufacturing institute is Existing or more than 2 years old

PPP Loan Search / PA / Meadville / Precision manufacturing institute

PRECISION MANUFACTURING INSTITUTE

Date Approved

02/05/2021

SBA Office Code

0358

Processing Method

PPS

Borrower Name

PRECISION MANUFACTURING INSTITUTE

Borrower Address

764 Bessemer St Ste 105

Borrower City

Meadville

Borrower State

PA

Borrower Zip

16335-1862

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

104500.00

Current Approval Amount

104500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Meadville

Project County Name

CRAWFORD

Project State

PA

Project Zip

16335-1862

CD

PA-16

Jobs Reported

11

NAICS Code

611699

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

104498.00

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

Non-Profit Organization

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

105161.83

Forgiveness Date

09/27/2021

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