# PPP loan: PRECISION STEEL MANUFACTURING CORPORATION
> **$465K** approved 04/11/2020 · Paid in Full · Loan `2980327109`
## Borrower
- **Name:** PRECISION STEEL MANUFACTURING CORPORATION
- **Address:** 1723 Seibel Drive, ROANOKE, VA, 24012
- **NAICS:** 332999
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $465K
- **Initial approval:** $465K
- **Forgiven:** $467K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $465K
- **Jobs reported:** 32
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*