# PPP loan: PRECISION COMBUSTION
> **$864K** approved 04/11/2020 · Paid in Full · Loan `3138477100`
## Borrower
- **Name:** PRECISION COMBUSTION
- **Address:** 410 SACKETT POINT RD, NORTH HAVEN, CT, 06473-3106
- **NAICS:** 541715
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $864K
- **Initial approval:** $864K
- **Forgiven:** $869K (101%)
- **Forgiveness date:** 11/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $864K
- **Jobs reported:** 48
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*