# PPP loan: PRECISION TECHNOLOGY, INC.
> **$237K** approved 04/03/2020 · Paid in Full · Loan `4422847008`
## Borrower
- **Name:** PRECISION TECHNOLOGY, INC.
- **Address:** 123 N 4th St, NORFOLK, NE, 68701-0235
- **NAICS:** 517919
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $237K
- **Initial approval:** $238K
- **Forgiven:** $239K (101%)
- **Forgiveness date:** 01/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $237K
- **Jobs reported:** 20
## Lender
- **Originating:** Elkhorn Valley Bank & Trust
- **Servicing:** Elkhorn Valley Bank & Trust (NE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*