# PPP loan: FILTEC PRECISE INC
> **$361K** approved 04/10/2020 · Paid in Full · Loan `1487597100`
## Borrower
- **Name:** FILTEC PRECISE INC
- **Address:** 218 N US Highway 701 BYP, TABOR CITY, NC, 28463-8378
- **NAICS:** 313110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $361K
- **Initial approval:** $361K
- **Forgiven:** $364K (101%)
- **Forgiveness date:** 03/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $361K
- **Jobs reported:** 37
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*