# PPP loan: PRECISION ELECTRONIC COIL MFG. CO.
> **$170K** approved 02/12/2021 · Paid in Full · Loan `7929658401`
## Borrower
- **Name:** PRECISION ELECTRONIC COIL MFG. CO.
- **Address:** 18300 Oxnard St, Tarzana, CA, 91356-1502
- **NAICS:** 334416
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $170K
- **Initial approval:** $170K
- **Forgiven:** $171K (101%)
- **Forgiveness date:** 10/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $170K
- **Utilities:** $1
- **Jobs reported:** 21
## Lender
- **Originating:** California Bank of Commerce, NA
- **Servicing:** California Bank of Commerce, NA (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*