# PPP loan: PRECISION STAMPING PRODUCTS
> **$394K** approved 01/21/2021 · Paid in Full · Loan `2828718306`
## Borrower
- **Name:** PRECISION STAMPING PRODUCTS
- **Address:** 4848 River Rd, Schiller Park, IL, 60176-1119
- **NAICS:** 332119
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $394K
- **Initial approval:** $394K
- **Forgiven:** $396K (101%)
- **Forgiveness date:** 08/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $394K
- **Utilities:** $1
- **Jobs reported:** 27
## Lender
- **Originating:** Village Bank and Trust, National Association
- **Servicing:** Village Bank and Trust, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*