# PPP loan: AMERICAN PRECISION SPRING CORP.
> **$280K** approved 05/14/2020 · Paid in Full · Loan `6302227407`
## Borrower
- **Name:** AMERICAN PRECISION SPRING CORP.
- **Address:** 1513 Arbuckle Court, Santa Clara, CA, 95054
- **NAICS:** 332323
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $280K
- **Initial approval:** $293K
- **Forgiven:** $282K (101%)
- **Forgiveness date:** 12/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $280K
- **Jobs reported:** 23
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*