PPP Loan information for Precision sheet metal inc

$115,487

Precision sheet metal inc was initially approved for PPP Loan of amount $115,487, the current approved amount is $115,487. The loan was approved on 02/11/2021 by The Chelsea Savings Bank reported 10 jobs and $115,487 was used to fund payroll.

Precision sheet metal inc is Existing or more than 2 years old

PRECISION SHEET METAL INC

Date Approved

02/11/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

PRECISION SHEET METAL INC

Borrower Address

1518 13th St

Borrower City

Belle Plaine

Borrower State

IA

Borrower Zip

52208-1309

Loan Status Date

08/12/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

115487.00

Current Approval Amount

115487.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24750

Servicing Lender Name

Chelsea Savings Bank

Servicing Lender Address

601 13th St

Servicing Lender City

BELLE PLAINE

Servicing Lender State

IA

Servicing Lender Zip

52208-1523

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Belle Plaine

Project County Name

BENTON

Project State

IA

Project Zip

52208-1309

CD

IA-02

Jobs Reported

10

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

115483.00

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

Corporation

Originating Lender Location Id

24750

Originating Lender

Chelsea Savings Bank

Originating Lender City

BELLE PLAINE

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

115999.57

Forgiveness Date

07/30/2021

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