As part of the Paycheck Protection Program PRECISE PRODUCTS CORPORATION was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

PRECISE PRODUCTS CORPORATION


Loan Amount	$1,701,527
BusinessName	PRECISE PRODUCTS CORPORATION
Address	1201 PLYMOUTH AVE N
City	MINNEAPOLIS
State	MN
Zip	55411
NAICSCode	332721
BusinessType	Employee Stock Ownership Plan(ESOP)
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	115
DateApproved	04/06/2020
Lender	Village Bank
CD	MN-05
BusinessName.clean	PRECISE PRODUCTS

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

PRECISE SOFTWARE SOLUTIONS
PRECISE SYSTEMS
PRECISE TOOL AMP MANUFACTURING
PRECISION STEEL SERVICES
PRECISION 2000