# PPP loan: FAST LANE PRECISION
> **$207K** approved 05/01/2020 · Paid in Full · Loan `2698587701`
## Borrower
- **Name:** FAST LANE PRECISION
- **Address:** 1221 DODSON WAY, RIVERSIDE, CA, 92507
- **NAICS:** 561110
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $207K
- **Initial approval:** $207K
- **Forgiven:** $209K (101%)
- **Forgiveness date:** 05/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $166K
- **Rent:** $10K
- **Utilities:** $16K
- **Health care:** $15K
- **Jobs reported:** 16
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*