Precision Mechanical, Inc.
$881,372 PPP Loan in Winchester, Kentucky
Loan Details
- Loan Number
- 2550947205
- Date Approved
- Apr 16, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $881,372
- Current Approval
- $881,372
- Forgiveness Amount
- $886,842
- Forgiveness Date
- Dec 2, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Precision Mechanical, Inc.
- Address
- 850 Tech Dr
- City
- Winchester
- State
- Kentucky
- ZIP Code
- 40391
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Other Services (except Public Administration) (811310)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 72
- Estimated Revenue
- $15.5M
- Rural/Urban
- Urban
- Congressional District
- KY-06
Loan Use Breakdown
- Payroll
- $738,162
- Rent
- $53,000
- Utilities
- $12,000
- Health Care
- $48,210
- Debt Interest
- $30,000
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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|---|---|---|
| Freeman Corporation | $1,918,163 |  Research |
| Univance Inc. | $1,738,300 | Research |
| Palmer Engineering Company | $1,706,000 | Research |
| The Freeman Corporation | $1,657,400 | Research |
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