# PPP loan: PRECISE INDUSTRIES INC.
> **$257K** approved 02/22/2021 · Paid in Full · Loan `2962318501`
## Borrower
- **Name:** PRECISE INDUSTRIES INC.
- **Address:** 639 Lakeview Ave, Lowell, MA, 01850-1827
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $257K
- **Initial approval:** $257K
- **Forgiven:** $260K (101%)
- **Forgiveness date:** 05/05/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $257K
- **Jobs reported:** 23
## Lender
- **Originating:** Enterprise Bank and Trust Company
- **Servicing:** Enterprise Bank and Trust Company (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*