# PPP loan: LSC PRECISION INC
> **$156K** approved 04/07/2020 · Paid in Full · Loan `7454857009`
## Borrower
- **Name:** LSC PRECISION INC
- **Address:** 11555 COUNTY ROAD 131 STE 110, GAINESVILLE, TX, 76240-7076
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $156K
- **Initial approval:** $156K
- **Forgiven:** $156K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $139K
- **Rent:** $11K
- **Utilities:** $5K
- **Jobs reported:** 14
## Lender
- **Originating:** First United Bank and Trust Company
- **Servicing:** First United Bank and Trust Company (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*