Precision Elastomers INC
$270,700 PPP Loan in Ipswich, Massachusetts
Loan Details
- Loan Number
- 6596937010
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $270,700
- Current Approval
- $270,700
- Forgiveness Amount
- $272,843
- Forgiveness Date
- Jan 28, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Precision Elastomers INC
- Address
- 19 Hayward St
- City
- Ipswich
- State
- Massachusetts
- ZIP Code
- 01938-2044
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (325212)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 25
- Estimated Revenue
- $24.8M
- Rural/Urban
- Urban
- Congressional District
- MA-06
Loan Use Breakdown
- Payroll
- $270,700
Lender Information
- Servicing Lender
- Salem Five Cents Savings Bank
- Originating Lender
- Salem Five Cents Savings Bank
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