# PPP loan: NANOTECH PRECISION LLC.
> **$175K** approved 02/01/2021 · Paid in Full · Loan `1226238400`
## Borrower
- **Name:** NANOTECH PRECISION LLC.
- **Address:** 8820 Jefferson Hwy, Maple Grove, MN, 55369-1500
- **NAICS:** 333514
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $175K
- **Initial approval:** $175K
- **Forgiven:** $176K (100%)
- **Forgiveness date:** 07/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $175K
- **Utilities:** $1
- **Jobs reported:** 13
## Lender
- **Originating:** Scale Bank
- **Servicing:** Scale Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*