# PPP loan: O & S PRECISION, INC.
> **$698K** approved 05/01/2020 · Paid in Full · Loan `1562307705`
## Borrower
- **Name:** O & S PRECISION, INC.
- **Address:** 20630 Nordhoff St, Chatsworth, CA, 91311
- **NAICS:** 332710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $698K
- **Initial approval:** $698K
- **Forgiven:** $707K (101%)
- **Forgiveness date:** 08/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $524K
- **Rent:** $84K
- **Utilities:** $41K
- **Health care:** $41K
- **Debt interest:** $9K
- **Jobs reported:** 62
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*