# PPP loan: PRECISION TESTING LABORATORY INC.
> **$545K** approved 02/04/2021 · Paid in Full · Loan `2763808405`
## Borrower
- **Name:** PRECISION TESTING LABORATORY INC.
- **Address:** 1313 Ritter Dr, Daniels, WV, 25832-9444
- **NAICS:** 541380
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $545K
- **Initial approval:** $545K
- **Forgiven:** $552K (101%)
- **Forgiveness date:** 05/23/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $545K
- **Jobs reported:** 42
## Lender
- **Originating:** United Bank
- **Servicing:** United Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*