# PPP loan: PRECISION EQUIPMENT SYSTEMS, LLC
> **$201K** approved 04/06/2020 · Paid in Full · Loan `5706777007`
## Borrower
- **Name:** PRECISION EQUIPMENT SYSTEMS, LLC
- **Address:** 131 CENTURY COMMERCE LOOP, LABADIE, MO, 63055-1064
- **NAICS:** 423830
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $201K
- **Initial approval:** $201K
- **Forgiven:** $203K (101%)
- **Forgiveness date:** 01/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $151K
- **Rent:** $20K
- **Utilities:** $15K
- **Health care:** $15K
- **Jobs reported:** 12
## Lender
- **Originating:** Bank of Washington
- **Servicing:** Bank of Washington (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*