# PPP loan: FILTEC PRECISE INC.
> **$357K** approved 05/18/2021 · Paid in Full · Loan `2793329008`
## Borrower
- **Name:** FILTEC PRECISE INC.
- **Address:** 218 N US Highway 701 Byp, Tabor City, NC, 28463-8378
- **NAICS:** 313110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $357K
- **Initial approval:** $357K
- **Forgiven:** $360K (101%)
- **Forgiveness date:** 02/24/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $357K
- **Jobs reported:** 37
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*