# PPP loan: PRECISION OFFSET INC.
> **$781K** approved 02/05/2021 · Paid in Full · Loan `3446128403`
## Borrower
- **Name:** PRECISION OFFSET INC.
- **Address:** 15201 Woodlawn Ave, Tustin, CA, 92780-6418
- **NAICS:** 323111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $781K
- **Initial approval:** $781K
- **Forgiven:** $788K (101%)
- **Forgiveness date:** 01/19/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $781K
- **Utilities:** $1
- **Jobs reported:** 74
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*