# PPP loan: PRECISION BELTING INC.
> **$159K** approved 03/20/2021 · Paid in Full · Loan `4921498610`
## Borrower
- **Name:** PRECISION BELTING INC.
- **Address:** 5453 Old York Rd, Rock Hill, SC, 29732-9592
- **NAICS:** 326220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $159K
- **Initial approval:** $159K
- **Forgiven:** $161K (102%)
- **Forgiveness date:** 09/22/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $159K
- **Jobs reported:** 9
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*