Precision Grinding, Inc.

$1,277,420 PPP Loan in Bessemer, Alabama

Loan Details

Loan Number
5879777005
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$1,277,420
Current Approval
$1,277,420
Forgiveness Amount
$1,286,204
Forgiveness Date
Dec 17, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Precision Grinding, Inc.
Address
100 Kilsby Cir
State
Alabama
ZIP Code
35022-4085
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332313)
Business Age
Existing or more than 2 years old
Jobs Reported
87
Estimated Revenue
$21.3M
Rural/Urban
Urban
Congressional District
AL-07

Loan Use Breakdown

Payroll
$1,277,420

Lender Information

Servicing Lender
Synovus Bank
Originating Lender
Synovus Bank

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