PPP Loan information for Precision wire cut corp

$157,765

Precision wire cut corp was initially approved for PPP Loan of amount $157,765, the current approved amount is $157,765. The loan was approved on 02/02/2021 by The Webster Bank National Association reported 12 jobs and $157,765 was used to fund payroll.

Precision wire cut corp is Existing or more than 2 years old

PRECISION WIRE CUT CORP

Date Approved

02/02/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

PRECISION WIRE CUT CORP

Borrower Address

1875 Thomaston Ave

Borrower City

Waterbury

Borrower State

CT

Borrower Zip

06704-1034

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

157765.00

Current Approval Amount

157765.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15940

Servicing Lender Name

Webster Bank National Association

Servicing Lender Address

137 Bank St

Servicing Lender City

WATERBURY

Servicing Lender State

CT

Servicing Lender Zip

06702-2205

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Waterbury

Project County Name

NEW HAVEN

Project State

CT

Project Zip

06704-1034

CD

CT-05

Jobs Reported

12

NAICS Code

339999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

157761.00

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

15940

Originating Lender

Webster Bank National Association

Originating Lender City

WATERBURY

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

158962.29

Forgiveness Date

11/16/2021

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