As part of the Paycheck Protection Program PRECISION TOOLS SERVICE, 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 TOOLS SERVICE, INC


Loan Amount	$1,451,462
BusinessName	PRECISION TOOLS SERVICE, INC
Address	2426 NORCROSS DR
City	COLUMBUS
State	IN
Zip	47201
NAICSCode	423840
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported
DateApproved	04/08/2020
Lender	First Merchants Bank
CD	IN-06
BusinessName.clean	PRECISION TOOLS SERVICE

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 TUBE BENDING
PRECISION TURBINES
ARTNET WORLDWIDE
PRECISION UTILITIES GROUP
PRECISION VALVE AUTOMATION