# PPP loan: PRECISION BROADBAND INSTALLATIONS, INC.
> **$1.54M** approved 04/06/2020 · Paid in Full · Loan `6069867000`
## Borrower
- **Name:** PRECISION BROADBAND INSTALLATIONS, INC.
- **Address:** 7642 Red Bank Road, WESTERVILLE, OH, 43082-8210
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.54M
- **Initial approval:** $1.54M
- **Forgiven:** $1.55M (101%)
- **Forgiveness date:** 03/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.40M
- **Rent:** $138K
- **Jobs reported:** 198
## 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*