PPP Loan information for Precision rings incorporated

$1,048,300

Precision rings incorporated was initially approved for PPP Loan of amount $1,048,300, the current approved amount is $1,048,300. The loan was approved on 04/03/2020 by The The National Bank of Indianapolis reported 60 jobs and $1,048,300 was used to fund payroll.

Precision rings incorporated is Existing or more than 2 years old

PPP Loan Search / IN / INDIANAPOLIS / Precision rings incorporated

PRECISION RINGS INCORPORATED

Date Approved

04/03/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

PRECISION RINGS INCORPORATED

Borrower Address

5611 Progress Road

Borrower City

INDIANAPOLIS

Borrower State

IN

Borrower Zip

46241-4332

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1048300.00

Current Approval Amount

1048300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

118844

Servicing Lender Name

The National Bank of Indianapolis

Servicing Lender Address

107 N Pennsylvania St, Ste 100

Servicing Lender City

INDIANAPOLIS

Servicing Lender State

IN

Servicing Lender Zip

46204-2406

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

INDIANAPOLIS

Project County Name

MARION

Project State

IN

Project Zip

46241-4332

CD

IN-07

Jobs Reported

60

NAICS Code

332999

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1048300.00

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

118844

Originating Lender

The National Bank of Indianapolis

Originating Lender City

INDIANAPOLIS

Originating Lender State

IN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1054130.27

Forgiveness Date

11/03/2020

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