PPP Loan information for Precision testing inc.

$75,900

Precision testing inc. was initially approved for PPP Loan of amount $75,900, the current approved amount is $75,900. The loan was approved on 01/22/2021 by The Park State Bank reported 10 jobs and $75,900 was used to fund payroll.

Precision testing inc. is Existing or more than 2 years old

PRECISION TESTING INC.

Date Approved

01/22/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

PRECISION TESTING INC.

Borrower Address

5559 Enterprise Dr NE

Borrower City

Virginia

Borrower State

MN

Borrower Zip

55792-3614

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

75900.00

Current Approval Amount

75900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36814

Servicing Lender Name

Park State Bank

Servicing Lender Address

2630 W Superior St

Servicing Lender City

DULUTH

Servicing Lender State

MN

Servicing Lender Zip

55806-1817

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Virginia

Project County Name

SAINT LOUIS

Project State

MN

Project Zip

55792-3614

CD

MN-08

Jobs Reported

10

NAICS Code

541380

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

75897.00

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

36814

Originating Lender

Park State Bank

Originating Lender City

DULUTH

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

76307.57

Forgiveness Date

08/11/2021

;