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Precision Assembly

$242,000 PPP Loan in Selmer, Tennessee

Loan Details

Loan Number
7837067310
Date Approved
Apr 30, 2020
Loan Status
Paid in Full
Initial Approval
$242,000
Current Approval
$242,000
Forgiveness Amount
$243,815
Forgiveness Date
Feb 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Precision Assembly
Address
465 Industrial Park Rd
City
Selmer
State
Tennessee
ZIP Code
38375
Business Type
Partnership
Industry (NAICS)
Manufacturing (339999)
Business Age
Existing or more than 2 years old
Jobs Reported
40
Estimated Revenue
$11.2M
Rural/Urban
Rural
Congressional District
TN-08

Loan Use Breakdown

Payroll
$242,000

Lender Information

Servicing Lender
Renasant Bank
Originating Lender
Renasant Bank

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