# PPP loan: LASER PRECISE, INC.
> **$211K** approved 04/13/2020 · Paid in Full · Loan `4997457108`
## Borrower
- **Name:** LASER PRECISE, INC.
- **Address:** 1623 Third Creek Road, Knoxville, TN, 37921-5514
- **NAICS:** 332999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $211K
- **Initial approval:** $211K
- **Forgiven:** $213K (101%)
- **Forgiveness date:** 04/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $158K
- **Rent:** $26K
- **Utilities:** $26K
- **Jobs reported:** 13
## Lender
- **Originating:** First US Bank
- **Servicing:** First US Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*