Precision Component & Machine, Inc.

$439,000 PPP Loan in Chesapeake, Ohio

Loan Details

Loan Number
9773957000
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$439,000
Current Approval
$439,000
Forgiveness Amount
$442,488
Forgiveness Date
Jan 29, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Precision Component & Machine, Inc.
Address
17 Rosslyn Rd. P.o. Box 580
State
Ohio
ZIP Code
45619-0580
Business Type
Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
34
Estimated Revenue
$8.3M
Rural/Urban
Rural
Congressional District
OH-02

Loan Use Breakdown

Payroll
$367,200
Utilities
$25,000
Health Care
$46,800

Lender Information

Servicing Lender
The Ohio Valley Bank Company
Originating Lender
The Ohio Valley Bank Company

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