# PPP loan: PRECISION COIL SPRING COMPANY
> **$1.53M** approved 04/28/2020 · Paid in Full · Loan `1115977302`
## Borrower
- **Name:** PRECISION COIL SPRING COMPANY
- **Address:** 10107 ROSE AVE, EL MONTE, CA, 91731
- **NAICS:** 332613
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.53M
- **Initial approval:** $1.53M
- **Forgiven:** $1.54M (101%)
- **Forgiveness date:** 01/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.53M
- **Jobs reported:** 91
## Lender
- **Originating:** Banc of California
- **Servicing:** Banc of California (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*