# PPP loan: PRECISION AIRCONVEY CORPORATION
> **$530K** approved 04/07/2020 · Paid in Full · Loan `7379327002`
## Borrower
- **Name:** PRECISION AIRCONVEY CORPORATION
- **Address:** CORPORATE BLVD, NEWARK, DE, 19702-3300
- **NAICS:** 333249
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $530K
- **Initial approval:** $530K
- **Forgiven:** $536K (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $530K
- **Jobs reported:** 37
## Lender
- **Originating:** Wilmington Savings Fund Society, FSB
- **Servicing:** Wilmington Savings Fund Society, FSB (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*