# PPP loan: H-S PRECISION, INC
> **$571K** approved 04/07/2020 · Paid in Full · Loan `7337567006`
## Borrower
- **Name:** H-S PRECISION, INC
- **Address:** 1301 TURBINE DRIVE, RAPID CITY, SD, 57703-4741
- **NAICS:** 332994
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $571K
- **Initial approval:** $571K
- **Forgiven:** $575K (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $457K
- **Mortgage interest:** $7K
- **Utilities:** $34K
- **Health care:** $57K
- **Debt interest:** $16K
- **Jobs reported:** 51
## Lender
- **Originating:** Dacotah Bank
- **Servicing:** Dacotah Bank (SD)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*