# PPP loan: PRECISION WATCHES INCORPORATED
> **$156K** approved 01/27/2021 · Paid in Full · Loan `6500328301`
## Borrower
- **Name:** PRECISION WATCHES INCORPORATED
- **Address:** 2500 W Moreland Rd Ste 1101, Willow Grove, PA, 19090-4006
- **NAICS:** 453998
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $156K
- **Initial approval:** $156K
- **Forgiven:** $157K (101%)
- **Forgiveness date:** 11/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $156K
- **Jobs reported:** 17
## Lender
- **Originating:** Penn Community Bank
- **Servicing:** Penn Community Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*