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PRECISION ENGINEERING, LLC

Company Details

Name: PRECISION ENGINEERING, LLC
Jurisdiction: Idaho
Legal type: Limited Liability Company (D)
Status: Active-Existing
Date of registration: 30 Apr 2012 (13 years ago)
Financial Date End: 30 Apr 2026
Entity Number: 349210
Place of Formation: IDAHO
File Number: 349210
ZIP code: 83616
County: Ada County
Principal Address: 1935 N BELGRAVE WAY EAGLE, ID 83616
Mailing Address: 1935 N BELGRAVE WAY EAGLE, ID 83616-3960

form 5500

Plan Name Plan Year EIN/PN Received Sponsor Total number of participants
PRECISION ENGINEERING LLC 401(K) P/S PLAN 2023 455186351 2024-05-29 PRECISION ENGINEERING LLC 7
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2020-01-01
Business code 541330
Sponsor’s telephone number 2084401015
Plan sponsor’s address 379 E SHORE DRIVE STE #120, EAGLE, ID, 83616

Signature of

Role Plan administrator
Date 2024-05-29
Name of individual signing HILARY GROUNDS
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2024-05-29
Name of individual signing HILARY GROUNDS
Valid signature Filed with authorized/valid electronic signature
PRECISION ENGINEERING LLC 401(K) P/S PLAN 2022 455186351 2023-05-09 PRECISION ENGINEERING LLC 6
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2020-01-01
Business code 541330
Sponsor’s telephone number 2084401015
Plan sponsor’s address 539 S FITNESS PL STE 120, EAGLE, ID, 83616

Plan administrator’s name and address

Administrator’s EIN 455186351
Plan administrator’s name PRECISION ENGINEERING LLC
Plan administrator’s address 539 S FITNESS PL STE 120, EAGLE, ID, 83616
Administrator’s telephone number 2084401015

Signature of

Role Plan administrator
Date 2023-05-09
Name of individual signing HILARY GROUNDS
Valid signature Filed with authorized/valid electronic signature
PRECISION ENGINEERING LLC 401(K) P/S PLAN 2022 455186351 2023-03-22 PRECISION ENGINEERING LLC 6
Three-digit plan number (PN) 001
Effective date of plan 2020-01-01
Business code 541330
Sponsor’s telephone number 2084401015
Plan sponsor’s address 539 S FITNESS PL STE 120, EAGLE, ID, 83616

Plan administrator’s name and address

Administrator’s EIN 455186351
Plan administrator’s name PRECISION ENGINEERING LLC
Plan administrator’s address 539 S FITNESS PL STE 120, EAGLE, ID, 83616
Administrator’s telephone number 2084401015

Signature of

Role Plan administrator
Date 2023-03-22
Name of individual signing HILARY GROUNDS
Valid signature Filed with authorized/valid electronic signature
PRECISION ENGINEERING LLC 401(K) P/S PLAN 2021 455186351 2022-07-05 PRECISION ENGINEERING LLC 6
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2020-01-01
Business code 541330
Sponsor’s telephone number 2084401015
Plan sponsor’s address 539 S FITNESS PL STE 120, EAGLE, ID, 83616

Plan administrator’s name and address

Administrator’s EIN 455186351
Plan administrator’s name PRECISION ENGINEERING LLC
Plan administrator’s address 539 S FITNESS PL STE 120, EAGLE, ID, 83616
Administrator’s telephone number 2084401015

Signature of

Role Plan administrator
Date 2022-07-05
Name of individual signing HILARY GROUNDS
Valid signature Filed with authorized/valid electronic signature
PRECISION ENGINEERING LLC 401(K) P/S PLAN 2020 455186351 2021-04-28 PRECISION ENGINEERING LLC 6
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2020-01-01
Business code 541330
Sponsor’s telephone number 2084401015
Plan sponsor’s address 539 S FITNESS PL STE 120, EAGLE, ID, 83616

Plan administrator’s name and address

Administrator’s EIN 455186351
Plan administrator’s name PRECISION ENGINEERING LLC
Plan administrator’s address 539 S FITNESS PL STE 120, EAGLE, ID, 83616
Administrator’s telephone number 2084401015

Signature of

Role Plan administrator
Date 2021-04-28
Name of individual signing HILARY GROUNDS
Valid signature Filed with authorized/valid electronic signature

Agent

Name Role Address
JOEL GROUNDS Agent 1935 N BELGRAVE WAY, EAGLE, ID 83616

Member

Name Role Address Appointed On Resigned On
Joel Grounds Member 1935 N BELGRAVE WAY, EAGLE, ID 83616 2024-03-04 2024-03-04
Hilary Grounds Member 1935 N BELGRAVE WAY, EAGLE, ID 83616 2021-03-08 No data

Filing

Filing Name Filing Number Filing date
Annual Report 0006136139 2025-03-03
Annual Report 0005629266 2024-03-04
Annual Report 0005139390 2023-03-06
Annual Report 0004628937 2022-03-03
Annual Report 0004200891 2021-03-08
Annual Report 0003794169 2020-03-03
Annual Report 0003491217 2019-04-24
Annual Report 0002487453 2018-02-26
Annual Report 0002487452 2017-02-27
Annual Report 0002487451 2016-02-23

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
4146628305 2021-01-23 1087 PPS 539 S Fitness Pl Ste 120, Eagle, ID, 83616-7034
Loan Status Date 2022-01-15
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 125484
Loan Approval Amount (current) 132804
Undisbursed Amount 0
Franchise Name -
Lender Location ID 53803
Servicing Lender Name U.S. Bank, National Association
Servicing Lender Address 425 Walnut St, CINCINNATI, OH, 45202-3956
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address Eagle, ADA, ID, 83616-7034
Project Congressional District ID-01
Number of Employees 8
NAICS code 541330
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Limited Liability Company(LLC)
Originating Lender ID 53803
Originating Lender Name U.S. Bank, National Association
Originating Lender Address CINCINNATI, OH
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 133899.63
Forgiveness Paid Date 2021-12-07
8195057701 2020-05-01 1087 PPP 539 FITNESS PL S, EAGLE, ID, 83616
Loan Status Date 2021-05-22
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 127877
Loan Approval Amount (current) 127877
Undisbursed Amount 0
Franchise Name -
Lender Location ID 53803
Servicing Lender Name U.S. Bank, National Association
Servicing Lender Address 425 Walnut St, CINCINNATI, OH, 45202-3956
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address EAGLE, ADA, ID, 83616-0001
Project Congressional District ID-01
Number of Employees 8
NAICS code 541330
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Limited Liability Company(LLC)
Originating Lender ID 53803
Originating Lender Name U.S. Bank, National Association
Originating Lender Address CINCINNATI, OH
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 129066.97
Forgiveness Paid Date 2021-04-20

Date of last update: 05 Apr 2025

Sources: Idaho Secretary of State