# PPP loan: PRECISION ASSEMBLY TECHNOLOGIES INC
> **$451K** approved 02/03/2021 · Paid in Full · Loan `2641978401`
## Borrower
- **Name:** PRECISION ASSEMBLY TECHNOLOGIES INC
- **Address:** 160 Wilbur Pl Ste 400, Bohemia, NY, 11716-2429
- **NAICS:** 334418
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $451K
- **Initial approval:** $451K
- **Forgiven:** $456K (101%)
- **Forgiveness date:** 03/31/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $451K
- **Utilities:** $1
- **Jobs reported:** 35
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*