# PPP loan: PRECISION MACHINE OF SAVANNAH INC
> **$987K** approved 04/13/2020 · Paid in Full · Loan `5083407102`
## Borrower
- **Name:** PRECISION MACHINE OF SAVANNAH INC
- **Address:** 8 TELFAIR PLACE, SAVANNAH, GA, 31414-9502
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $987K
- **Initial approval:** $987K
- **Forgiven:** $1.00M (101%)
- **Forgiveness date:** 08/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $987K
- **Jobs reported:** 80
## Lender
- **Originating:** Synovus Bank
- **Servicing:** Synovus Bank (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*