# PPP loan: PRECISION CRANES INC
> **$163K** approved 03/27/2021 · Paid in Full · Loan `1542368700`
## Borrower
- **Name:** PRECISION CRANES INC
- **Address:** 319 E Van Horn Road, Fairbanks, AK, 99701
- **NAICS:** 238990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $163K
- **Initial approval:** $163K
- **Forgiven:** $164K (101%)
- **Forgiveness date:** 12/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $163K
- **Utilities:** $1
- **Jobs reported:** 7
## Lender
- **Originating:** Denali State Bank
- **Servicing:** Denali State Bank (AK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*