Precision Dynamics, Inc.

$109,500 PPP Loan in Machesney Park, Illinois

Loan Details

Loan Number
5307837004
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$109,500
Current Approval
$109,500
Forgiveness Amount
$110,142
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Precision Dynamics, Inc.
Address
5029 Willow Creek Road
ZIP Code
61115-8218
Business Type
Corporation
Industry (NAICS)
Manufacturing (332721)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-16

Loan Use Breakdown

Payroll
$82,125
Utilities
$27,375

Lender Information

Servicing Lender
Northwest Bank of Rockford
Originating Lender
Northwest Bank of Rockford

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