Mechanical Precision INC

$487,850 PPP Loan in Flemington, New Jersey

Loan Details

Loan Number
7890908308
Date Approved
Jan 28, 2021
Loan Status
Paid in Full
Initial Approval
$487,850
Current Approval
$487,850
Forgiveness Amount
$491,441
Forgiveness Date
Oct 25, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Mechanical Precision INC
Address
11 Hopewell Ave
ZIP Code
08822-1118
Business Type
Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
42
Estimated Revenue
$10.3M
Rural/Urban
Rural
Congressional District
NJ-07

Loan Use Breakdown

Payroll
$487,848
Utilities
$1

Lender Information

Servicing Lender
Pnc Bank, National Association
Originating Lender
Pnc Bank, National Association

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