# PPP loan: PRECISION TURBINES INC.
> **$567K** approved 03/08/2021 · Paid in Full · Loan `7857738510`
## Borrower
- **Name:** PRECISION TURBINES INC.
- **Address:** 4710 NW 2nd Ave Ste 203, Boca Raton, FL, 33431-4161
- **NAICS:** 488190
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $567K
- **Initial approval:** $567K
- **Forgiven:** $576K (101%)
- **Forgiveness date:** 01/13/2023
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $567K
- **Utilities:** $1
- **Jobs reported:** 15
## Lender
- **Originating:** Centennial Bank
- **Servicing:** Centennial Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*