Precision Aerospace Corporation

$1,000,000 PPP Loan in Rancho Cucamonga, California

Loan Details

Loan Number
4364138309
Date Approved
Jan 23, 2021
Loan Status
Paid in Full
Initial Approval
$1,000,000
Current Approval
$1,000,000
Forgiveness Amount
$1,005,167
Forgiveness Date
Aug 3, 2021
Term
60 months
Draw
First Draw

Business Information

Business Name
Precision Aerospace Corporation
Address
11155 Jersey Blvd Ste a
ZIP Code
91730-5119
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (336413)
Business Age
Existing or more than 2 years old
Jobs Reported
100
Estimated Revenue
$26.2M
Rural/Urban
Urban
Congressional District
CA-35

Loan Use Breakdown

Payroll
$999,994
Utilities
$1

Lender Information

Servicing Lender
Bmo Bank National Association
Originating Lender
Bmo Bank National Association

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