PPP Loan information for Precision waterjet inc.

$162,700

Precision waterjet inc. was initially approved for PPP Loan of amount $162,700, the current approved amount is $162,700. The loan was approved on 01/17/2021 by The American Community Bank & Trust reported 11 jobs and $162,700 was used to fund payroll.

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

PRECISION WATERJET INC.

Date Approved

01/17/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

PRECISION WATERJET INC.

Borrower Address

684 Tek Dr

Borrower City

Crystal Lake

Borrower State

IL

Borrower Zip

60014-8100

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

162700.00

Current Approval Amount

162700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124396

Servicing Lender Name

American Community Bank & Trust

Servicing Lender Address

1290 Lake Ave

Servicing Lender City

WOODSTOCK

Servicing Lender State

IL

Servicing Lender Zip

60098-7415

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Crystal Lake

Project County Name

MCHENRY

Project State

IL

Project Zip

60014-8100

CD

IL-09

Jobs Reported

11

NAICS Code

332710

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

162698.00

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

124396

Originating Lender

American Community Bank & Trust

Originating Lender City

WOODSTOCK

Originating Lender State

IL

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

164119.11

Forgiveness Date

12/08/2021

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