Precision Electrical Contracting, Inc. DBA Precision Lens
$250,720 PPP Loan in Redford, Michigan
Loan Details
- Loan Number
- 2250327706
- Date Approved
- May 1, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $250,720
- Current Approval
- $250,720
- Forgiveness Amount
- $253,873
- Forgiveness Date
- Aug 9, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Precision Electrical Contracting, Inc. DBA Precision Lens
- Address
- 26220 Grand River
- City
- Redford
- State
- Michigan
- ZIP Code
- 48240
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 150
- Estimated Revenue
- $49.4M
- Rural/Urban
- Urban
- Congressional District
- MI-12
Loan Use Breakdown
- Payroll
- $250,720
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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|---|---|---|
| Tfi INC DBA Alpine Power Systems, INC | $2,576,932 | |
| Bayview Electric Company, LLC | $2,250,000 | |
| Lincoln Behavioral Services | $1,951,700 | |
| Pat Milliken Ford INC | $1,936,854 | |
| Metro Man II INC | $1,914,335 |
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