# PPP loan: PRECISION PLUS, INC.
> **$872K** approved 04/05/2020 · Paid in Full · Loan `5466807003`
## Borrower
- **Name:** PRECISION PLUS, INC.
- **Address:** 840 KOOPMAN LN, ELKHORN, WI, 53121-2013
- **NAICS:** 332721
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $872K
- **Initial approval:** $88K
- **Forgiven:** $871K (100%)
- **Forgiveness date:** 02/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $654K
- **Rent:** $218K
- **Jobs reported:** 95
## Lender
- **Originating:** Town Bank, National Association
- **Servicing:** Town Bank, National Association (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*