PPP Loan information for Precision tool & distribution

$19,836

Precision tool & distribution was initially approved for PPP Loan of amount $19,836, the current approved amount is $19,836. The loan was approved on 04/30/2020 by The Square Capital, LLC reported 3 jobs and $19,836 was used to fund payroll.

Precision tool & distribution is Existing or more than 2 years old

PRECISION TOOL & DISTRIBUTION

Date Approved

04/30/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

PRECISION TOOL & DISTRIBUTION

Borrower Address

1380 Rio Rancho Blvd S.E. Suite 350

Borrower City

Rio Rancho

Borrower State

NM

Borrower Zip

87124

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

19836.00

Current Approval Amount

19836.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

529050

Servicing Lender Name

Square Capital, LLC

Servicing Lender Address

1455 Market Street, Suite 600

Servicing Lender City

San Francisco

Servicing Lender State

CA

Servicing Lender Zip

94103

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rio Rancho

Project County Name

SANDOVAL

Project State

NM

Project Zip

87124-0200

CD

NM-01

Jobs Reported

3

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

19836.00

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

Partnership

Originating Lender Location Id

223542

Originating Lender

Celtic Bank Corporation

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

19999.04

Forgiveness Date

02/25/2021

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