# PPP loan: PRECISION SCREW MACHINE PRODUCTS INC
> **$413K** approved 08/05/2020 · Paid in Full · Loan `3935798210`
## Borrower
- **Name:** PRECISION SCREW MACHINE PRODUCTS INC
- **Address:** 30 Gooch Street, BIDDEFORD, ME, 04005-2015
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $413K
- **Initial approval:** $418K
- **Forgiven:** $416K (101%)
- **Forgiveness date:** 05/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $413K
- **Jobs reported:** 32
## Lender
- **Originating:** Saco & Biddeford Savings Institution
- **Servicing:** Saco & Biddeford Savings Institution (ME)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*