# PPP loan: PRECISE AIR SYSTEMS, INC.
> **$1.33M** approved 04/15/2020 · Paid in Full · Loan `1302277201`
## Borrower
- **Name:** PRECISE AIR SYSTEMS, INC.
- **Address:** 5467 San Fernando Road West, LOS ANGELES, CA, 90039-1014
- **NAICS:** 423730
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.33M
- **Initial approval:** $1.33M
- **Forgiven:** $1.34M (101%)
- **Forgiveness date:** 06/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.33M
- **Jobs reported:** 90
## Lender
- **Originating:** Midland States Bank
- **Servicing:** Midland States Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*