Precision Tool, Inc.
$193,385 PPP Loan in Vermontville, Michigan
Loan Details
- Loan Number
- 1181887700
- Date Approved
- May 1, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $193,385
- Current Approval
- $193,385
- Forgiveness Amount
- $195,391
- Forgiveness Date
- May 18, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Precision Tool, Inc.
- Address
- 519 Allegan Road
- City
- Vermontville
- State
- Michigan
- ZIP Code
- 49096
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (332710)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 11
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- MI-07
Loan Use Breakdown
- Payroll
- $154,708
- Utilities
- $5,838
- Health Care
- $21,636
- Debt Interest
- $11,203
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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