# PPP loan: PRECISION RESISTIVE PRODUCTS, INC.
> **$177K** approved 04/13/2020 · Paid in Full · Loan `4795407106`
## Borrower
- **Name:** PRECISION RESISTIVE PRODUCTS, INC.
- **Address:** 202 Mack Lane - PO Box 189, MEDIAPOLIS, IA, 52637-0121
- **NAICS:** 334416
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $177K
- **Initial approval:** $177K
- **Forgiven:** $179K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $142K
- **Rent:** $35K
- **Jobs reported:** 17
## Lender
- **Originating:** Two Rivers Bank & Trust
- **Servicing:** Two Rivers Bank & Trust (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*