# PPP loan: PRECISION TRANSCRIPTION, LLC
> **$553K** approved 04/10/2020 · Exemption 4 · Loan `2580737104`
## Borrower
- **Name:** PRECISION TRANSCRIPTION, LLC
- **Address:** 382 Lape Road, NASSAU, NY, 12123-3710
- **NAICS:** 518210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $553K
- **Initial approval:** $553K
- **Forgiven:** $228K (41%)
- **Forgiveness date:** 08/12/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $553K
- **Jobs reported:** 37
## Lender
- **Originating:** KeyBank National Association
- **Servicing:** KeyBank National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*