As part of the Paycheck Protection Program PRECISION FRANCHISING INC 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.

PRECISION FRANCHISING INC


Loan Amount	$2,427,210
BusinessName	PRECISION FRANCHISING INC
Address	106 Woodwinds Industrial Ct
City	CARY
State	NC
Zip	27511
NAICSCode	811191
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	259
DateApproved	04/15/2020
Lender	Bank of America, National Association
CD	NC-04
BusinessName.clean	PRECISION FRANCHISING

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

PRECISION GEAR INDUSTRIES
PRECISION GEARS
PRECISION GRAPHICS
PRECISION GRINDING MFG CORP
PRECISION GRINDING