# PPP loan: PRECISION HEAT TREATING CORP
> **$234K** approved 02/19/2021 · Paid in Full · Loan `1702558502`
## Borrower
- **Name:** PRECISION HEAT TREATING CORP
- **Address:** 2711 S Maplecrest Rd, Fort Wayne, IN, 46803-3215
- **NAICS:** 332811
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $234K
- **Initial approval:** $234K
- **Forgiven:** $236K (101%)
- **Forgiveness date:** 01/04/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $234K
- **Jobs reported:** 19
## Lender
- **Originating:** 1st Source Bank
- **Servicing:** 1st Source Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*