# PPP loan: PRECISION INDUSTRIAL CONTRACTORS, INC.
> **$806K** approved 04/06/2020 · Paid in Full · Loan `5831197009`
## Borrower
- **Name:** PRECISION INDUSTRIAL CONTRACTORS, INC.
- **Address:** 1555 down river dr, WOODLAND, WA, 98674-9513
- **NAICS:** 238290
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $806K
- **Initial approval:** $806K
- **Forgiven:** $811K (101%)
- **Forgiveness date:** 12/15/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $604K
- **Mortgage interest:** $201K
- **Jobs reported:** 41
## Lender
- **Originating:** Riverview Bank
- **Servicing:** Riverview Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*