# PPP loan: PRECISION INSTALLATION INC.
> **$420K** approved 01/22/2021 · Charged Off · Loan `4128838305`
## Borrower
- **Name:** PRECISION INSTALLATION INC.
- **Address:** 8201, PHOENIX, AZ, 85044
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $420K
- **Initial approval:** $420K
- **Forgiven:** $402K (96%)
- **Forgiveness date:** 12/01/2021
- **Status:** Charged Off
- **Term:** 16 months
## Use of funds
- **Payroll:** $420K
- **Utilities:** $1
- **Jobs reported:** 36
## Lender
- **Originating:** Itria Ventures LLC
- **Servicing:** Itria Ventures LLC (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*