Precision Rail and Mfg INC

$1,044,687 PPP Loan in Oak Creek, Wisconsin

Loan Details

Loan Number
9653577010
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$1,044,687
Current Approval
$1,044,687
Forgiveness Amount
$1,057,115
Forgiveness Date
Jun 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Precision Rail and Mfg INC
Address
6960 S. 10th St. 0.0
ZIP Code
53154-1420
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
67
Estimated Revenue
$16.4M
Rural/Urban
Urban
Congressional District
WI-01

Loan Use Breakdown

Payroll
$733,387
Rent
$118,300
Utilities
$45,000
Health Care
$140,000
Debt Interest
$8,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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