Precision Technologies INC
$500,000 PPP Loan in Tyngsboro, Massachusetts
Loan Details
- Loan Number
- 5187627005
- Date Approved
- Apr 5, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $500,000
- Current Approval
- $488,100
- Forgiveness Amount
- $492,845
- Forgiveness Date
- Mar 31, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Precision Technologies INC
- Address
- 42 Westech Dr
- City
- Tyngsboro
- State
- Massachusetts
- ZIP Code
- 01879-2720
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (332710)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 41
- Estimated Revenue
- $10.0M
- Rural/Urban
- Urban
- Congressional District
- MA-03
Loan Use Breakdown
- Payroll
- $468,100
- Utilities
- $10,000
- Mortgage Interest
- $10,000
Lender Information
- Servicing Lender
- Mechanics Cooperative Bank
- Originating Lender
- Mechanics Cooperative Bank
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|---|---|---|
| Knowledge Management INC | $3,215,600 |  AI Deep Dive |
| Mass Crane & Hoist Services, Inc. | $1,136,000 | AI Deep Dive |
| Jenike & Johanson Inc. | $1,073,300 | AI Deep Dive |
| Emanouil, Inc. | $932,500 | AI Deep Dive |
| Academy of Notre Dame at Tyngsboro Inc. | $923,000 | AI Deep Dive |
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