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Precision Electronics, Inc.

$197,120 PPP Loan in Copiague, New York

Loan Details

Loan Number
1556717703
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$197,120
Current Approval
$197,120
Forgiveness Amount
$198,376
Forgiveness Date
Dec 22, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Precision Electronics, Inc.
Address
1 Di Tomas Ct
City
Copiague
State
New York
ZIP Code
11726
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (334416)
Business Age
Existing or more than 2 years old
Jobs Reported
13
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NY-02

Loan Use Breakdown

Payroll
$182,902
Utilities
$2,000
Health Care
$12,218

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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