# PPP loan: PRECISION PAINT SYSTEMS LLC
> **$283K** approved 04/07/2020 · Paid in Full · Loan `6703807002`
## Borrower
- **Name:** PRECISION PAINT SYSTEMS LLC
- **Address:** 5852 COUNTY ROAD 1, SOUTH POINT, OH, 45680-7420
- **NAICS:** 238320
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $283K
- **Initial approval:** $283K
- **Forgiven:** $285K (101%)
- **Forgiveness date:** 03/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $212K
- **Rent:** $71K
- **Jobs reported:** 24
## 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*