PPP Loan information for Precision pipe & products inc

$217,565

Precision pipe & products inc was initially approved for PPP Loan of amount $217,565, the current approved amount is $217,565. The loan was approved on 04/08/2020 by The Synovus Bank reported 12 jobs and $217,565 was used to fund payroll.

Precision pipe & products inc is Existing or more than 2 years old

PRECISION PIPE & PRODUCTS INC

Date Approved

04/08/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

PRECISION PIPE & PRODUCTS INC

Borrower Address

1806 6TH AVE S

Borrower City

IRONDALE

Borrower State

AL

Borrower Zip

35210-2018

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

217565.00

Current Approval Amount

217565.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19248

Servicing Lender Name

Synovus Bank

Servicing Lender Address

1148 Broadway

Servicing Lender City

COLUMBUS

Servicing Lender State

GA

Servicing Lender Zip

31901-2429

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

IRONDALE

Project County Name

JEFFERSON

Project State

AL

Project Zip

35210-2018

CD

AL-06

Jobs Reported

12

NAICS Code

423510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

217565.00

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

Subchapter S Corporation

Originating Lender Location Id

19248

Originating Lender

Synovus Bank

Originating Lender City

COLUMBUS

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

218935.96

Forgiveness Date

11/27/2020

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