# PPP loan: PRECISION PRODUCTS INC.
> **$244K** approved 03/13/2021 · Paid in Full · Loan `1958688608`
## Borrower
- **Name:** PRECISION PRODUCTS INC.
- **Address:** 6500 Shortcut Rd, Moss Point, MS, 39563-6477
- **NAICS:** 332311
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $244K
- **Initial approval:** $244K
- **Forgiven:** $246K (101%)
- **Forgiveness date:** 12/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $244K
- **Utilities:** $1
- **Jobs reported:** 24
## Lender
- **Originating:** Hancock Whitney Bank
- **Servicing:** Hancock Whitney Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*