Precision Masters INC

$859,100 PPP Loan in Rochester Hills, Michigan

Loan Details

Loan Number
7014777005
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$859,100
Current Approval
$859,100
Forgiveness Amount
$866,797
Forgiveness Date
Mar 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Precision Masters INC
Address
1985 Northfield Dr
ZIP Code
48309-3824
Business Type
Corporation
Industry (NAICS)
Manufacturing (336370)
Business Age
Existing or more than 2 years old
Jobs Reported
70
Estimated Revenue
$18.3M
Rural/Urban
Urban
Congressional District
MI-10

Loan Use Breakdown

Payroll
$859,100

Lender Information

Servicing Lender
Loan Source Incorporated
Originating Lender
Flagstar Bank National Association

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