# PPP loan: AMERICAN PRECISION ASSEMBLERS, INC.
> **$614K** approved 04/10/2020 · Paid in Full · Loan `2404287101`
## Borrower
- **Name:** AMERICAN PRECISION ASSEMBLERS, INC.
- **Address:** 120 Rowell Rd, HAMPSHIRE, IL, 60140-9713
- **NAICS:** 334419
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $614K
- **Initial approval:** $670K
- **Forgiven:** $618K (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $614K
- **Jobs reported:** 70
## Lender
- **Originating:** First American Bank
- **Servicing:** First American Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*