PPP Loan information for Precision mechanical group inc

$399,600

Precision mechanical group inc was initially approved for PPP Loan of amount $399,600, the current approved amount is $399,600. The loan was approved on 04/15/2020 by The Pilot Grove Savings Bank reported 31 jobs and $399,600 was used to fund payroll.

Precision mechanical group inc is Existing or more than 2 years old

PPP Loan Search / IA / KEOKUK / Precision mechanical group inc

PRECISION MECHANICAL GROUP INC

Date Approved

04/15/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

PRECISION MECHANICAL GROUP INC

Borrower Address

922 main street

Borrower City

KEOKUK

Borrower State

IA

Borrower Zip

52632-4655

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

399600.00

Current Approval Amount

399600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25378

Servicing Lender Name

Pilot Grove Savings Bank

Servicing Lender Address

1341 Pilot Grove Rd

Servicing Lender City

PILOT GROVE

Servicing Lender State

IA

Servicing Lender Zip

52648-5000

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

KEOKUK

Project County Name

LEE

Project State

IA

Project Zip

52632-4655

CD

IA-01

Jobs Reported

31

NAICS Code

332721

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

399600.00

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

25378

Originating Lender

Pilot Grove Savings Bank

Originating Lender City

PILOT GROVE

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

402696.90

Forgiveness Date

01/20/2021

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