BASIN PRECISION MACHINING LLC (WI) - 2020 PPP Loan Borrower Profile (# 5221997005)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BASIN PRECISION MACHINING LLC. 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 Wisconsin.

Loan Detail

Loan Number

5221997005

SBA Office Code

0563

Processing Method

PPP

Curent Loan Amount

$1,751,200

Date Loan was Approved

Apr 5, 2020

Amount Forgiven

$1,768,225.56

Date Loan was Forgiven

Mar 31, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

1,751,200

Lender

Ixonia Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

332999

Borrower Location

JEFFERSON, WI

Project Location

JEFFERSON, WI

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

117

Business Age Description

Existing or more than 2 years old

Data Source: SBA.