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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|---|---|---|
| Component Repair Technologies INC | $8,079,500 | |
| Ct Consultants Inc. | $4,561,000 | |
| Libra Industries, LLC | $4,222,100 | |
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