Precision Concepts INC

$26,800 PPP Loan in Forest Lake, Minnesota

Loan Details

Loan Number
2350197200
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$26,800
Current Approval
$26,800
Forgiveness Amount
$26,997
Forgiveness Date
Jan 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Precision Concepts INC
Address
23750 Goodview Circle North
ZIP Code
55025
Business Type
Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
3
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MN-08

Loan Use Breakdown

Payroll
$20,100
Rent
$1,675
Utilities
$1,675
Health Care
$1,675
Mortgage Interest
$1,675

Lender Information

Servicing Lender
Midwestone Bank
Originating Lender
Midwestone Bank

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