# PPP loan: HIGH PRECISION DEVICES INC
> **$697K** approved 04/10/2020 · Paid in Full · Loan `2078887108`
## Borrower
- **Name:** HIGH PRECISION DEVICES INC
- **Address:** 4601 NAUTILUS CT South Ste 100, BOULDER, CO, 80301-3241
- **NAICS:** 541990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $697K
- **Initial approval:** $706K
- **Forgiven:** $701K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $529K
- **Utilities:** $168K
- **Jobs reported:** 47
## Lender
- **Originating:** TBK Bank, SSB
- **Servicing:** TBK Bank, SSB (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*