Precision Gear Industries LLC

$2,000,000 PPP Loan in College Point, New York

Loan Details

Loan Number
4431478405
Date Approved
Feb 6, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,019,164
Forgiveness Date
Jan 28, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Precision Gear Industries LLC
Address
11207 14th Ave
ZIP Code
11356-1407
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
294
Estimated Revenue
$71.9M
Rural/Urban
Urban
Congressional District
NY-14

Loan Use Breakdown

Payroll
$1,999,998
Utilities
$1

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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