Precision Rail Stress Testing INC

$634,800 PPP Loan in Sturgis, South Dakota

Loan Details

Loan Number
8059617110
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$634,800
Current Approval
$634,800
Forgiveness Amount
$641,548
Forgiveness Date
May 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Precision Rail Stress Testing INC
Address
3109 Conifer Trail
ZIP Code
57785
Business Type
Corporation
Industry (NAICS)
Construction (238910)
Business Age
Existing or more than 2 years old
Jobs Reported
24
Estimated Revenue
$9.0M
Rural/Urban
Rural
Congressional District
SD-

Loan Use Breakdown

Payroll
$624,550
Rent
$2,000
Health Care
$3,500
Debt Interest
$4,750

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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