# PPP loan: GALAXY PRECISION INC
> **$351K** approved 04/07/2020 · Paid in Full · Loan `7181387003`
## Borrower
- **Name:** GALAXY PRECISION INC
- **Address:** 37429 251ST AVE, ALBANY, MN, 56307-9637
- **NAICS:** 332999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $351K
- **Initial approval:** $351K
- **Forgiven:** $354K (101%)
- **Forgiveness date:** 12/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $351K
- **Jobs reported:** 26
## Lender
- **Originating:** Falcon National Bank
- **Servicing:** Falcon National Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*