# PPP loan: PRECISION RUBBER PLATE CO INC
> **$795K** approved 04/16/2020 · Paid in Full · Loan `2823907200`
## Borrower
- **Name:** PRECISION RUBBER PLATE CO INC
- **Address:** 5620 ELMWOOD AVE, INDIANAPOLIS, IN, 46203
- **NAICS:** 323120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $795K
- **Initial approval:** $795K
- **Forgiven:** $802K (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $596K
- **Rent:** $50K
- **Utilities:** $32K
- **Health care:** $117K
- **Jobs reported:** 61
## 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*