Precision Saw Works, INC

$327,217 PPP Loan in Polkton, North Carolina

Loan Details

Loan Number
8824977100
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$327,217
Current Approval
$327,217
Forgiveness Amount
$329,617
Forgiveness Date
Jan 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Precision Saw Works, INC
Address
10424 Highway 742 North
ZIP Code
28135-7712
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332216)
Business Age
Existing or more than 2 years old
Jobs Reported
46
Estimated Revenue
$11.2M
Rural/Urban
Rural
Congressional District
NC-08

Loan Use Breakdown

Payroll
$308,617
Rent
$11,000
Utilities
$7,600

Lender Information

Servicing Lender
Uwharrie Bank
Originating Lender
Uwharrie Bank

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