# PPP loan: TEAM PRECISION AUTO, LLC
> **$622K** approved 04/13/2020 · Paid in Full · Loan `4959397102`
## Borrower
- **Name:** TEAM PRECISION AUTO, LLC
- **Address:** 1343 Route 23, BUTLER, NJ, 07405-1627
- **NAICS:** 441110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $622K
- **Initial approval:** $622K
- **Forgiven:** $629K (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $622K
- **Jobs reported:** 49
## Lender
- **Originating:** Ally Bank
- **Servicing:** Ally Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*