# PPP loan: PRECISION ENGINEERING & MAINTENANCE INC
> **$231K** approved 05/01/2020 · Paid in Full · Loan `7861307702`
## Borrower
- **Name:** PRECISION ENGINEERING & MAINTENANCE INC
- **Address:** 426 W Universal Circle, Sandy, UT, 84070
- **NAICS:** 423450
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $231K
- **Initial approval:** $231K
- **Forgiven:** $234K (101%)
- **Forgiveness date:** 06/04/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $231K
- **Jobs reported:** 20
## Lender
- **Originating:** Zions Bank, A Division of
- **Servicing:** Zions Bank, A Division of (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*