Precision Cutting Technologies, Inc.

$420,682 PPP Loan in Liberty Lake, Washington

Loan Details

Loan Number
3852497103
Date Approved
Apr 12, 2020
Loan Status
Paid in Full
Initial Approval
$420,682
Current Approval
$420,682
Forgiveness Amount
$424,301
Forgiveness Date
Feb 24, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Precision Cutting Technologies, Inc.
Address
1611 N Molter
ZIP Code
99019
Business Type
Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
38
Estimated Revenue
$9.3M
Rural/Urban
Urban
Congressional District
WA-05

Loan Use Breakdown

Payroll
$315,511
Rent
$21,034
Utilities
$16,827
Mortgage Interest
$67,309

Lender Information

Servicing Lender
Banner Bank
Originating Lender
Banner Bank

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