# PPP loan: PRECISE INDUSTRIES INC
> **$324K** approved 04/28/2020 · Paid in Full · Loan `7507807206`
## Borrower
- **Name:** PRECISE INDUSTRIES INC
- **Address:** 639 LAKEVIEW AVENUE, LOWELL, MA, 01850-1827
- **NAICS:** 333517
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $324K
- **Initial approval:** $324K
- **Forgiven:** $327K (101%)
- **Forgiveness date:** 05/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $324K
- **Jobs reported:** 25
## Lender
- **Originating:** Enterprise Bank and Trust Company
- **Servicing:** Enterprise Bank and Trust Company (MA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*