Precipart Corporation

$2,943,600 PPP Loan in Farmingdale, New York

Loan Details

Loan Number
1388637202
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$2,943,600
Current Approval
$2,943,600
Forgiveness Amount
$2,975,816
Forgiveness Date
May 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Precipart Corporation
Address
90 Finn Ct
ZIP Code
11735-1107
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423830)
Business Age
Existing or more than 2 years old
Jobs Reported
234
Estimated Revenue
$71.7M
Rural/Urban
Urban
Congressional District
NY-02

Loan Use Breakdown

Payroll
$2,943,600

Lender Information

Servicing Lender
Citibank, N.a.
Originating Lender
Citibank, N.a.

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