# PPP loan: HYGRADE PRECISION TECHNOLOGIES, LLC
> **$564K** approved 04/07/2020 · Exemption 4 · Loan `6676167004`
## Borrower
- **Name:** HYGRADE PRECISION TECHNOLOGIES, LLC
- **Address:** 329 COOKE ST, PLAINVILLE, CT, 06062-1448
- **NAICS:** 332710
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $564K
- **Initial approval:** $564K
- **Forgiven:** $482K (86%)
- **Forgiveness date:** 01/07/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $564K
- **Jobs reported:** 26
## Lender
- **Originating:** Berkshire Bank
- **Servicing:** Berkshire Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*