PPP Loan information for Precision power source llc

$110,187

Precision power source llc was initially approved for PPP Loan of amount $110,187, the current approved amount is $110,187. The loan was approved on 03/12/2021 by The Morton Community Bank reported 17 jobs and $110,187 was used to fund payroll.

Precision power source llc is Existing or more than 2 years old

PPP Loan Search / IL / Peoria / Precision power source llc

PRECISION POWER SOURCE LLC

Date Approved

03/12/2021

SBA Office Code

0507

Processing Method

PPP

Borrower Name

PRECISION POWER SOURCE LLC

Borrower Address

6718 W Plank Rd

Borrower City

Peoria

Borrower State

IL

Borrower Zip

61604-7219

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

110187.00

Current Approval Amount

110187.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22097

Servicing Lender Name

Morton Community Bank

Servicing Lender Address

721 W Jackson St

Servicing Lender City

MORTON

Servicing Lender State

IL

Servicing Lender Zip

61550-1537

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Peoria

Project County Name

PEORIA

Project State

IL

Project Zip

61604-7219

CD

IL-17

Jobs Reported

17

NAICS Code

333611

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

110184.00

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

22097

Originating Lender

Morton Community Bank

Originating Lender City

MORTON

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

110737.93

Forgiveness Date

09/09/2021

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