# PPP loan: PRECISION GRADING & UTILITIES INC.
> **$290K** approved 02/20/2021 · Paid in Full · Loan `2512418510`
## Borrower
- **Name:** PRECISION GRADING & UTILITIES INC.
- **Address:** 3385 Ver Bunker Ave, Port Edwards, WI, 54469-1148
- **NAICS:** 238910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $290K
- **Initial approval:** $290K
- **Forgiven:** $293K (101%)
- **Forgiveness date:** 05/05/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $290K
- **Jobs reported:** 20
## Lender
- **Originating:** Fortifi Bank
- **Servicing:** Fortifi Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*