PPP Loan information for Precision tool, inc.

$21,100

Precision tool, inc. was initially approved for PPP Loan of amount $21,100, the current approved amount is $21,100. The loan was approved on 04/09/2020 by The Dacotah Bank reported 2 jobs and $21,100 was used to fund payroll.

Precision tool, inc. is Existing or more than 2 years old

PPP Loan Search / SD / WATERTOWN / Precision tool, inc.

PRECISION TOOL, INC.

Date Approved

04/09/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

PRECISION TOOL, INC.

Borrower Address

1604 13TH AVE SE

Borrower City

WATERTOWN

Borrower State

SD

Borrower Zip

57201-5312

Loan Status Date

04/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

21100.00

Current Approval Amount

21100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66384

Servicing Lender Name

Dacotah Bank

Servicing Lender Address

308 S Main St

Servicing Lender City

ABERDEEN

Servicing Lender State

SD

Servicing Lender Zip

57401-4146

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WATERTOWN

Project County Name

CODINGTON

Project State

SD

Project Zip

57201-5312

CD

SD-

Jobs Reported

2

NAICS Code

333517

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

700.00

Payroll Proceed

16900.00

Mortgage Interest Proceed

0.00

Rent Proceed

3000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

500

Business Type

Subchapter S Corporation

Originating Lender Location Id

66384

Originating Lender

Dacotah Bank

Originating Lender City

ABERDEEN

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

21254.15

Forgiveness Date

01/06/2021

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