Precision Electric INC

$572,465 PPP Loan in Lorton, Virginia

Loan Details

Loan Number
7495937310
Date Approved
Apr 30, 2020
Loan Status
Paid in Full
Initial Approval
$572,465
Current Approval
$572,465
Forgiveness Amount
$579,868
Forgiveness Date
Aug 23, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Precision Electric INC
Address
7200 Telegraph Square Dr Ste F
City
Lorton
ZIP Code
22079-1552
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
19
Estimated Revenue
$6.3M
Rural/Urban
Urban
Congressional District
VA-11

Loan Use Breakdown

Payroll
$572,465

Lender Information

Servicing Lender
Bank of America, National Association
Originating Lender
Bank of America, National Association

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