PPP Loan information for Precision masters inc

$859,100

Precision masters inc was initially approved for PPP Loan of amount $859,100, the current approved amount is $859,100. The loan was approved on 04/07/2020 by The Loan Source Incorporated reported 70 jobs and $859,100 was used to fund payroll.

Precision masters inc is Existing or more than 2 years old

PPP Loan Search / MI / ROCHESTER HILLS / Precision masters inc

PRECISION MASTERS INC

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PRECISION MASTERS INC

Borrower Address

1985 NORTHFIELD DR

Borrower City

ROCHESTER HILLS

Borrower State

MI

Borrower Zip

48309-3824

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

859100.00

Current Approval Amount

859100.00

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

ROCHESTER HILLS

Project County Name

OAKLAND

Project State

MI

Project Zip

48309-3824

CD

MI-10

Jobs Reported

70

NAICS Code

336370

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

859100.00

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

49887

Originating Lender

Flagstar Bank National Association

Originating Lender City

HICKSVILLE

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

866796.59

Forgiveness Date

03/10/2021

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