# PPP loan: INTERNATIONAL PRECISION MACHINING INC.
> **$545K** approved 04/08/2020 · Paid in Full · Loan `7864947004`
## Borrower
- **Name:** INTERNATIONAL PRECISION MACHINING INC.
- **Address:** 511 Sundial Drive, WAITE PARK, MN, 56387-1536
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $545K
- **Initial approval:** $545K
- **Forgiven:** $549K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $545K
- **Jobs reported:** 42
## Lender
- **Originating:** Bremer Bank, National Association
- **Servicing:** Bremer Bank, National Association (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*