# PPP loan: PRECISION STRUCTURES INCORPORATED
> **$619K** approved 02/23/2021 · Paid in Full · Loan `3355638506`
## Borrower
- **Name:** PRECISION STRUCTURES INCORPORATED
- **Address:** 1204 1st Ave, Wellman, IA, 52356-9306
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $619K
- **Initial approval:** $619K
- **Forgiven:** $623K (101%)
- **Forgiveness date:** 11/17/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $619K
- **Utilities:** $1
- **Jobs reported:** 37
## Lender
- **Originating:** Hills Bank and Trust Company
- **Servicing:** Hills Bank and Trust Company (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*