PPP Loan information for Precision rail and mfg inc

$1,044,687

Precision rail and mfg inc was initially approved for PPP Loan of amount $1,044,687, the current approved amount is $1,044,687. The loan was approved on 04/09/2020 by The JPMorgan Chase Bank, National Association reported 67 jobs and $1,044,687 was used to fund payroll.

Precision rail and mfg inc is Existing or more than 2 years old

PPP Loan Search / WI / Oak Creek / Precision rail and mfg inc

PRECISION RAIL AND MFG INC

Date Approved

04/09/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

PRECISION RAIL AND MFG INC

Borrower Address

6960 S. 10th St. 0.0

Borrower City

Oak Creek

Borrower State

WI

Borrower Zip

53154-1420

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1044687.00

Current Approval Amount

1044687.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Oak Creek

Project County Name

MILWAUKEE

Project State

WI

Project Zip

53154-1420

CD

WI-01

Jobs Reported

67

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

45000.00

Payroll Proceed

733387.00

Mortgage Interest Proceed

0.00

Rent Proceed

118300.00

Refinance EIDL Proceed

0.00

Health Care Proceed

140000.00

Debt Interest Proceed

8000

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1057114.71

Forgiveness Date

06/22/2021

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