Preferred Precision Group LLC

$1,311,600 PPP Loan in Pell City, Alabama

Loan Details

Loan Number
7162417004
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$1,311,600
Current Approval
$1,311,600
Forgiveness Amount
$1,328,979
Forgiveness Date
Aug 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Preferred Precision Group LLC
Address
1310 Comer Ave
State
Alabama
ZIP Code
35125-1579
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (336111)
Business Age
Existing or more than 2 years old
Jobs Reported
217
Estimated Revenue
$56.8M
Rural/Urban
Rural
Congressional District
AL-03

Loan Use Breakdown

Payroll
$983,700
Rent
$65,580
Utilities
$65,580
Health Care
$65,580
Mortgage Interest
$65,580
Debt Interest
$65,580

Lender Information

Servicing Lender
Oakworth Capital Bank
Originating Lender
Oakworth Capital Bank

Other PPP Loans in Pell City, AL

BusinessApproved
Tci of Alabama LLC$1,868,800NewBizBotAI Deep Dive
Tci of Alabama, LLC$1,868,800NewBizBotAI Deep Dive
Inri Medical Associates, P.c.$1,316,500NewBizBotAI Deep Dive
Preferred Precision Group LLC$1,311,606NewBizBotAI Deep Dive
Garrison Steel Erectors, Inc.$1,034,907NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free