# PPP loan: PRECISE FOOD INDEGREDIENTS, INC.
> **$989K** approved 04/27/2020 · Paid in Full · Loan `5794087207`
## Borrower
- **Name:** PRECISE FOOD INDEGREDIENTS, INC.
- **Address:** 1432 Wainwright Way Suite 150, Carrollton, TX, 75007-4948
- **NAICS:** 311942
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $989K
- **Initial approval:** $989K
- **Forgiven:** $996K (101%)
- **Forgiveness date:** 01/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $791K
- **Mortgage interest:** $198K
- **Jobs reported:** 64
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*