# PPP loan: PRECISION TECHNOLOGIES CORP
> **$1.83M** approved 01/21/2021 · Paid in Full · Loan `2889108304`
## Borrower
- **Name:** PRECISION TECHNOLOGIES CORP
- **Address:** 1100 Cornwall Rd Ste 134, Monmouth Junction, NJ, 08852-2411
- **NAICS:** 541511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.83M
- **Initial approval:** $1.83M
- **Forgiven:** $1.86M (101%)
- **Forgiveness date:** 06/16/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.83M
- **Utilities:** $1
- **Jobs reported:** 110
## Lender
- **Originating:** First Bank of the Lake
- **Servicing:** First Bank of the Lake (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*