Precision Medical Technologies, Inc.
$2,696,562 PPP Loan in Warsaw, Indiana
Loan Details
- Loan Number
- 5751967004
- Date Approved
- Apr 6, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $2,696,562
- Current Approval
- $2,696,562
- Forgiveness Amount
- $2,727,947
- Forgiveness Date
- Jun 9, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Precision Medical Technologies, Inc.
- Address
- 2059 N Pound Drive W
- City
- Warsaw
- State
- Indiana
- ZIP Code
- 46582-6546
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (332999)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 205
- Estimated Revenue
- $50.1M
- Rural/Urban
- Rural
- Congressional District
- IN-02
Loan Use Breakdown
- Payroll
- $1,691,985
- Rent
- $195,000
- Utilities
- $154,142
- Health Care
- $330,435
- Debt Interest
- $325,000
Lender Information
- Servicing Lender
- Lake City Bank
- Originating Lender
- Lake City Bank
Other PPP Loans in Warsaw, IN
| Business | Approved | |
|---|---|---|
| New Dalton Holdings Corporation | $4,264,500 | |
| Wildman Business Group, LLC | $3,176,800 | |
| Flexaust Inc. | $3,164,900 | |
| Cardinal Services, Inc. of Indiana | $2,300,900 | |
| Network Packaging Group LLC | $1,847,300 |
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