PPP borrower record

PRECISION STAINLESS, INC. PPP loan record

Public SBA PPP loan record for PRECISION STAINLESS, INC.. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

$318,200
Approved amount
$310,306
Forgiven amount
2020-04-04
Date approved

Borrower and loan details

Borrower
PRECISION STAINLESS, INC.
Loan number
4612757006
Business type
Corporation
Business age
Existing or more than 2 years old
Borrower city
Caledonia
Borrower state
Minnesota
Borrower ZIP
55921
Jobs reported
34
Loan status
Exemption 4
Forgiveness date
2020-12-17
Servicing lender
Merchants Bank, National Association
Originating lender
Merchants Bank, National Association

Reported use of proceeds

Payroll
$254,541
Rent
$16,000
Utilities
N/A
Mortgage interest
$47,659
Health care
N/A
Debt interest
N/A

Location pages

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Source note

PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.
PRECISION STAINLESS, INC. PPP Loan Record | PPP Loan Map