# PPP loan: TOUCHSTONE PRECISION
> **$660K** approved 05/01/2020 · Paid in Full · Loan `4525397704`
## Borrower
- **Name:** TOUCHSTONE PRECISION
- **Address:** 239 TECHNOLOGY PARKWAY, AUBURN, AL, 36830
- **NAICS:** 326199
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $660K
- **Initial approval:** $660K
- **Forgiven:** $668K (101%)
- **Forgiveness date:** 07/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $660K
- **Jobs reported:** 85
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*