# PPP loan: PRECISION TEST & BALANCE OF NY CORP
> **$375K** approved 06/29/2020 · Paid in Full · Loan `5998838009`
## Borrower
- **Name:** PRECISION TEST & BALANCE OF NY CORP
- **Address:** 106 3RD ST, MINEOLA, NY, 11501-4400
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $375K
- **Initial approval:** $375K
- **Forgiven:** $379K (101%)
- **Forgiveness date:** 08/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $375K
- **Jobs reported:** 26
## Lender
- **Originating:** Bethpage FCU
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*