Precision Speed Equipment, INC
$1,195,700 PPP Loan in Sturgis, Michigan
Loan Details
- Loan Number
- 4658167001
- Date Approved
- Apr 4, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,195,700
- Current Approval
- $1,195,700
- Forgiveness Amount
- $1,203,169
- Forgiveness Date
- Nov 23, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Precision Speed Equipment, INC
- Address
- 1400 Lafayette St
- City
- Sturgis
- State
- Michigan
- ZIP Code
- 49091-8905
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (334512)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 160
- Estimated Revenue
- $41.9M
- Rural/Urban
- Rural
- Congressional District
- MI-05
Loan Use Breakdown
- Payroll
- $1,195,700
Lender Information
- Servicing Lender
- Century Bank and Trust
- Originating Lender
- Century Bank and Trust
Other PPP Loans in Sturgis, MI
| Business | Approved | |
|---|---|---|
| Guardiantrac, LLC | $3,027,210 | |
| Basin Material Handling LLC | $2,612,804 | |
| Sturgis Molded Products Company | $2,161,208 | |
| Sturgis Molded Products Company | $2,000,000 | |
| Sturgis Hospital Inc. | $1,666,392 |
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