# PPP loan: PRECISION DIP COATING LLC
> **$165K** approved 01/20/2021 · Paid in Full · Loan `1929228306`
## Borrower
- **Name:** PRECISION DIP COATING LLC
- **Address:** 176 Chase River Rd, Waterbury, CT, 06704-1441
- **NAICS:** 326199
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $165K
- **Initial approval:** $165K
- **Forgiven:** $166K (101%)
- **Forgiveness date:** 09/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $165K
- **Utilities:** $1
- **Jobs reported:** 21
## Lender
- **Originating:** Newtown Savings Bank
- **Servicing:** Newtown Savings Bank (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*