# PPP loan: PRECAST SYSTEMS INC
> **$885K** approved 04/12/2020 · Paid in Full · Loan `3770037101`
## Borrower
- **Name:** PRECAST SYSTEMS INC
- **Address:** 57 SHARON STATION RD, ALLENTOWN, NJ, 08501-1902
- **NAICS:** 327390
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $885K
- **Initial approval:** $885K
- **Forgiven:** $896K (101%)
- **Forgiveness date:** 07/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $885K
- **Jobs reported:** 52
## Lender
- **Originating:** Idaho First Bank
- **Servicing:** Idaho First Bank (ID)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*