# PPP loan: PRECISION PRODUCTS INC
> **$607K** approved 02/01/2021 · Paid in Full · Loan `1411978401`
## Borrower
- **Name:** PRECISION PRODUCTS INC
- **Address:** 2908 N Dug Gap Rd SW, Dalton, GA, 30720-4947
- **NAICS:** 333249
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $607K
- **Initial approval:** $607K
- **Forgiven:** $614K (101%)
- **Forgiveness date:** 05/04/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $607K
- **Utilities:** $1
- **Jobs reported:** 51
## Lender
- **Originating:** Regions Bank
- **Servicing:** Regions Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*