# PPP loan: PRECISION DRAWN METALS INC
> **$857K** approved 04/10/2020 · Paid in Full · Loan `2263887110`
## Borrower
- **Name:** PRECISION DRAWN METALS INC
- **Address:** 1345 PLAINFIELD AVE, JANESVILLE, WI, 53545-0450
- **NAICS:** 336412
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $857K
- **Initial approval:** $857K
- **Forgiven:** $862K (101%)
- **Forgiveness date:** 12/28/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $643K
- **Mortgage interest:** $107K
- **Utilities:** $107K
- **Jobs reported:** 72
## Lender
- **Originating:** Johnson Bank
- **Servicing:** Johnson Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*