PPP Loan information for Precision polymer corporation

$53,500

Precision polymer corporation was initially approved for PPP Loan of amount $53,500, the current approved amount is $53,500. The loan was approved on 04/04/2020 by The Points West Community Bank reported 7 jobs and $53,500 was used to fund payroll.

Precision polymer corporation is Existing or more than 2 years old

PRECISION POLYMER CORPORATION

Date Approved

04/04/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

PRECISION POLYMER CORPORATION

Borrower Address

PO Box 336698

Borrower City

GREELEY

Borrower State

CO

Borrower Zip

80633

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

53500.00

Current Approval Amount

53500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15575

Servicing Lender Name

Points West Community Bank

Servicing Lender Address

1291 Main St

Servicing Lender City

WINDSOR

Servicing Lender State

CO

Servicing Lender Zip

80550-5918

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GREELEY

Project County Name

WELD

Project State

CO

Project Zip

80633-0601

CD

CO-08

Jobs Reported

7

NAICS Code

325211

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5400.00

Payroll Proceed

40100.00

Mortgage Interest Proceed

0.00

Rent Proceed

8000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

15575

Originating Lender

Points West Community Bank

Originating Lender City

WINDSOR

Originating Lender State

CO

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

53822.47

Forgiveness Date

11/12/2020

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