PPP Loan information for Precision motors inc

$218,898

Precision motors inc was initially approved for PPP Loan of amount $218,898, the current approved amount is $218,898. The loan was approved on 04/15/2020 by The Rockland Trust Company reported 21 jobs and $218,898 was used to fund payroll.

Precision motors inc is Existing or more than 2 years old

PPP Loan Search / ME / AUGUSTA / Precision motors inc

PRECISION MOTORS INC

Date Approved

04/15/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

PRECISION MOTORS INC

Borrower Address

513 WESTERN AVE

Borrower City

AUGUSTA

Borrower State

ME

Borrower Zip

04330-7740

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

218897.53

Current Approval Amount

218897.53

Undisbursed Amount

0.00

Franchise Name

Mazda North American Operations Dealer Agreement

Servicing Lender Location Id

33263

Servicing Lender Name

Rockland Trust Company

Servicing Lender Address

288 Union St

Servicing Lender City

ROCKLAND

Servicing Lender State

MA

Servicing Lender Zip

02370-1803

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AUGUSTA

Project County Name

KENNEBEC

Project State

ME

Project Zip

04330-7740

CD

ME-02

Jobs Reported

21

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

218897.53

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

Subchapter S Corporation

Originating Lender Location Id

33263

Originating Lender

Rockland Trust Company

Originating Lender City

ROCKLAND

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

220831.12

Forgiveness Date

03/09/2021

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