Precision Bending Technology INC

$340,200 PPP Loan in Mentor, Ohio

Loan Details

Loan Number
5861677001
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$340,200
Current Approval
$340,200
Forgiveness Amount
$343,413
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Precision Bending Technology INC
Address
7350 Production Drive
City
Mentor
State
Ohio
ZIP Code
44060-4859
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332996)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
$7.3M
Rural/Urban
Urban
Congressional District
OH-14

Loan Use Breakdown

Payroll
$255,216
Rent
$84,984

Lender Information

Servicing Lender
Peoples Bank
Originating Lender
Peoples Bank

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