# PPP loan: PRECISION BUILDERS & ASSOCIATES, INC.
> **$647K** approved 04/03/2020 · Paid in Full · Loan `4491207008`
## Borrower
- **Name:** PRECISION BUILDERS & ASSOCIATES, INC.
- **Address:** 9 W. Harrison St., SULLIVAN, IL, 61951-1906
- **NAICS:** 238350
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $647K
- **Initial approval:** $647K
- **Forgiven:** $651K (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $546K
- **Rent:** $4K
- **Utilities:** $2K
- **Health care:** $94K
- **Jobs reported:** 27
## Lender
- **Originating:** First Mid Bank & Trust, National Association
- **Servicing:** First Mid Bank & Trust, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*