PPP Loan information for Precision metal works inc.

$2,000,000

Precision metal works inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/27/2021 by The Community Trust Bank, Inc. reported 280 jobs and $2,000,000 was used to fund payroll.

Precision metal works inc. is Existing or more than 2 years old

PRECISION METAL WORKS INC.

Date Approved

01/27/2021

SBA Office Code

0457

Processing Method

PPS

Borrower Name

PRECISION METAL WORKS INC.

Borrower Address

6901 Preston Hwy

Borrower City

Louisville

Borrower State

KY

Borrower Zip

40219-1809

Loan Status Date

01/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27783

Servicing Lender Name

Community Trust Bank, Inc.

Servicing Lender Address

346 N Mayo Trl

Servicing Lender City

PIKEVILLE

Servicing Lender State

KY

Servicing Lender Zip

41501-1847

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Louisville

Project County Name

JEFFERSON

Project State

KY

Project Zip

40219-1809

CD

KY-03

Jobs Reported

280

NAICS Code

333120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999997.00

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

27783

Originating Lender

Community Trust Bank, Inc.

Originating Lender City

PIKEVILLE

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2016602.74

Forgiveness Date

12/03/2021

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