Precision Materials LLC

$755,400 PPP Loan in Taylorsville, North Carolina

Loan Details

Loan Number
6471738306
Date Approved
Jan 27, 2021
Loan Status
Paid in Full
Initial Approval
$755,400
Current Approval
$508,975
Forgiveness Amount
$511,152
Forgiveness Date
Jul 8, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Precision Materials LLC
Address
6246 Nc Highway 16 S
ZIP Code
28681-6354
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (321211)
Business Age
Existing or more than 2 years old
Jobs Reported
49
Estimated Revenue
$48.6M
Rural/Urban
Rural
Congressional District
NC-10

Loan Use Breakdown

Payroll
$508,972
Utilities
$1

Lender Information

Servicing Lender
First National Bank of Pennsylvania
Originating Lender
First National Bank of Pennsylvania

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