# PPP loan: ALLIED SPECIALTY OF PRECISION, INC
> **$503K** approved 04/13/2020 · Paid in Full · Loan `4922907107`
## Borrower
- **Name:** ALLIED SPECIALTY OF PRECISION, INC
- **Address:** 815 E LOWELL AVE, MISHAWAKA, IN, 46545-6480
- **NAICS:** 336412
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $503K
- **Initial approval:** $503K
- **Forgiven:** $507K (101%)
- **Forgiveness date:** 04/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $477K
- **Rent:** $10K
- **Utilities:** $16K
- **Jobs reported:** 48
## Lender
- **Originating:** Northwest Bank
- **Servicing:** Northwest Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*