# PPP loan: C.H.E. PRECISION, INC.
> **$268K** approved 04/16/2020 · Paid in Full · Loan `2320537205`
## Borrower
- **Name:** C.H.E. PRECISION, INC.
- **Address:** 2640 LAVERY CT, NEWBURY PARK, CA, 91320
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $268K
- **Initial approval:** $268K
- **Forgiven:** $270K (101%)
- **Forgiveness date:** 05/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $268K
- **Jobs reported:** 20
## Lender
- **Originating:** Montecito Bank & Trust
- **Servicing:** Montecito Bank & Trust (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*