# PPP loan: PRECISION WELDING & MANUFACTURING, INC
> **$157K** approved 04/06/2020 · Paid in Full · Loan `5769877010`
## Borrower
- **Name:** PRECISION WELDING & MANUFACTURING, INC
- **Address:** 101 DAY RD, MOUNT ORAB, OH, 45154-8924
- **NAICS:** 333992
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $157K
- **Initial approval:** $157K
- **Forgiven:** $158K (101%)
- **Forgiveness date:** 05/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $117K
- **Rent:** $39K
- **Jobs reported:** 14
## Lender
- **Originating:** Peoples Bank
- **Servicing:** Peoples Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*