# PPP loan: PRECISION METALFORMING ASSOCIATION
> **$660K** approved 01/31/2021 · Paid in Full · Loan `1040108409`
## Borrower
- **Name:** PRECISION METALFORMING ASSOCIATION
- **Address:** 6363 Oak Tree Blvd, Independence, OH, 44131-2500
- **NAICS:** 813910
- **Business type:** 501(c)6 ¿ Non Profit Membership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $660K
- **Initial approval:** $660K
- **Forgiven:** $667K (101%)
- **Forgiveness date:** 03/30/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $660K
- **Utilities:** $1
- **Jobs reported:** 47
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*