03 PRECISION AUTOMOTIVE INC (NY) - 2020 PPP Loan Borrower Profile (# 8414328402)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 03 PRECISION AUTOMOTIVE INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in New York.

Loan Detail

Loan Number
8414328402
SBA Office Code
0248
Processing Method
PPS
Curent Loan Amount
$95,947
Date Loan was Approved
Feb 13, 2021
Amount Forgiven
$96,336.05
Date Loan was Forgiven
Jul 22, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
95,945
Lender
Sunmark CU

Business Detail

Business Type
Subchapter S Corporation
NAICS
811111
Borrower Location
Schenectady, NY
Project Location
Schenectady, NY
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
7
Business Age Description
Existing or more than 2 years old
Data Source: SBA.