# PPP loan: PRECISION ELECTRICAL CONTRACTORS LLC
> **$418K** approved 04/27/2020 · Paid in Full · Loan `5613967202`
## Borrower
- **Name:** PRECISION ELECTRICAL CONTRACTORS LLC
- **Address:** 668 N OHIO CT, SALINA, KS, 67401-2449
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $418K
- **Initial approval:** $418K
- **Forgiven:** $420K (101%)
- **Forgiveness date:** 12/15/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $397K
- **Utilities:** $21K
- **Jobs reported:** 48
## Lender
- **Originating:** The Bank of Tescott
- **Servicing:** The Bank of Tescott (KS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*