PPP Loan information for Precision structures incorporated

$631,400

Precision structures incorporated was initially approved for PPP Loan of amount $631,400, the current approved amount is $631,400. The loan was approved on 04/04/2020 by The Hills Bank and Trust Company reported 46 jobs and $631,400 was used to fund payroll.

Precision structures incorporated is Existing or more than 2 years old

PPP Loan Search / IA / WELLMAN / Precision structures incorporated

PRECISION STRUCTURES INCORPORATED

Date Approved

04/04/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

PRECISION STRUCTURES INCORPORATED

Borrower Address

1204 1ST AVE

Borrower City

WELLMAN

Borrower State

IA

Borrower Zip

52356-9306

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

631400.00

Current Approval Amount

631400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25080

Servicing Lender Name

Hills Bank and Trust Company

Servicing Lender Address

131 Main St

Servicing Lender City

HILLS

Servicing Lender State

IA

Servicing Lender Zip

52235

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WELLMAN

Project County Name

WASHINGTON

Project State

IA

Project Zip

52356-9306

CD

IA-01

Jobs Reported

46

NAICS Code

236220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

631400.00

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

25080

Originating Lender

Hills Bank and Trust Company

Originating Lender City

HILLS

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

636310.89

Forgiveness Date

01/20/2021

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