PPP Loan information for Precision oil and gas inc

$113,494

Precision oil and gas inc was initially approved for PPP Loan of amount $113,494, the current approved amount is $113,494. The loan was approved on 04/10/2020 by The Fairmont FCU reported 5 jobs and $113,494 was used to fund payroll.

Precision oil and gas inc is Existing or more than 2 years old

PRECISION OIL AND GAS INC

Date Approved

04/10/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

PRECISION OIL AND GAS INC

Borrower Address

89 Diamond Cove Rd

Borrower City

BRIDGEPORT

Borrower State

WV

Borrower Zip

26330-9637

Loan Status Date

09/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

113493.67

Current Approval Amount

113493.67

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

107848

Servicing Lender Name

Fairmont FCU

Servicing Lender Address

2 The Credit Union Way

Servicing Lender City

FAIRMONT

Servicing Lender State

WV

Servicing Lender Zip

26554-1567

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BRIDGEPORT

Project County Name

HARRISON

Project State

WV

Project Zip

26330-9637

CD

WV-02

Jobs Reported

5

NAICS Code

237120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

78590.28

Mortgage Interest Proceed

34903.39

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

107848

Originating Lender

Fairmont FCU

Originating Lender City

FAIRMONT

Originating Lender State

WV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

114240.84

Forgiveness Date

12/09/2020

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