PPP Loan information for Precision service m t r inc

$225,000

Precision service m t r inc was initially approved for PPP Loan of amount $225,000, the current approved amount is $225,000. The loan was approved on 04/14/2020 by The Itasca Bank & Trust Co. reported 18 jobs and $225,000 was used to fund payroll.

Precision service m t r inc is Existing or more than 2 years old

PRECISION SERVICE M T R INC

Date Approved

04/14/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

PRECISION SERVICE M T R INC

Borrower Address

121 W FULLERTON AVE

Borrower City

ADDISON

Borrower State

IL

Borrower Zip

60101-3713

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

225000.00

Current Approval Amount

225000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21562

Servicing Lender Name

Itasca Bank & Trust Co.

Servicing Lender Address

308 W Irving Park Rd

Servicing Lender City

ITASCA

Servicing Lender State

IL

Servicing Lender Zip

60143-2038

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ADDISON

Project County Name

DUPAGE

Project State

IL

Project Zip

60101-3713

CD

IL-03

Jobs Reported

18

NAICS Code

811310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2917.00

Payroll Proceed

213750.00

Mortgage Interest Proceed

0.00

Rent Proceed

8333.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

21562

Originating Lender

Itasca Bank & Trust Co.

Originating Lender City

ITASCA

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

226887.50

Forgiveness Date

02/19/2021

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