# PPP loan: PRECISION SPRING AND STAMPING CORP
> **$698K** approved 04/27/2020 · Paid in Full · Loan `5652887205`
## Borrower
- **Name:** PRECISION SPRING AND STAMPING CORP
- **Address:** 14901 Puyallup St E, SUMNER, WA, 98390-2402
- **NAICS:** 336413
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $698K
- **Initial approval:** $698K
- **Forgiven:** $709K (101%)
- **Forgiveness date:** 10/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $698K
- **Jobs reported:** 55
## Lender
- **Originating:** Heritage Bank
- **Servicing:** Heritage Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*