Precision of New Hampton Inc.

$1,519,500 PPP Loan in New Hampton, Iowa

Loan Details

Loan Number
7277897008
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$1,519,500
Current Approval
$1,519,500
Forgiveness Amount
$1,528,068
Forgiveness Date
Nov 5, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Precision of New Hampton Inc.
Address
515 Bailey Ave
State
Iowa
ZIP Code
50659-1064
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (336350)
Business Age
Existing or more than 2 years old
Jobs Reported
120
Estimated Revenue
$31.4M
Rural/Urban
Rural
Congressional District
IA-02

Loan Use Breakdown

Payroll
$1,519,500

Lender Information

Servicing Lender
Bank Iowa
Originating Lender
Bank Iowa

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