PPP Loan information for Precision textiles llc

$2,506,890

Precision textiles llc was initially approved for PPP Loan of amount $2,506,890, the current approved amount is $2,506,890. The loan was approved on 04/15/2020 by The First-Citizens Bank & Trust Company reported 191 jobs and $2,506,890 was used to fund payroll.

Precision textiles llc is Existing or more than 2 years old

PPP Loan Search / NJ / TOTOWA / Precision textiles llc

PRECISION TEXTILES LLC

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

PRECISION TEXTILES LLC

Borrower Address

200 MALTESE DR

Borrower City

TOTOWA

Borrower State

NJ

Borrower Zip

07512-1404

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2506890.00

Current Approval Amount

2506890.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TOTOWA

Project County Name

PASSAIC

Project State

NJ

Project Zip

07512-1404

CD

NJ-11

Jobs Reported

191

NAICS Code

313320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

50000.00

Payroll Proceed

1880000.00

Mortgage Interest Proceed

0.00

Rent Proceed

325000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

225000.00

Debt Interest Proceed

26890

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2535858.51

Forgiveness Date

06/11/2021

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