Precise Products Corporation

$1,701,527 PPP Loan in Minneapolis, Minnesota

Loan Details

Loan Number
5785367010
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$1,701,527
Current Approval
$1,701,527
Forgiveness Amount
$1,710,692
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Precise Products Corporation
Address
1201 Plymouth Ave N
ZIP Code
55411-4002
Business Type
Employee Stock Ownership Plan(esop)
Industry (NAICS)
Manufacturing (332721)
Business Age
Existing or more than 2 years old
Jobs Reported
115
Estimated Revenue
$28.1M
Rural/Urban
Urban
Congressional District
MN-05

Loan Use Breakdown

Payroll
$1,701,527

Lender Information

Servicing Lender
Village Bank
Originating Lender
Village Bank

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