# PPP loan: PRECISION RAIL AND MFG INC
> **$940K** approved 02/04/2021 · Paid in Full · Loan `2986758400`
## Borrower
- **Name:** PRECISION RAIL AND MFG INC
- **Address:** 6960 S 10th St, Oak Creek, WI, 53154-1420
- **NAICS:** 332710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $940K
- **Initial approval:** $940K
- **Forgiven:** $948K (101%)
- **Forgiveness date:** 12/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $940K
- **Utilities:** $1
- **Jobs reported:** 62
## 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*