# PPP loan: BEEMER PRECISION INC
> **$872K** approved 01/29/2021 · Paid in Full · Loan `8043288305`
## Borrower
- **Name:** BEEMER PRECISION INC
- **Address:** 230 New York Dr, Fort Washington, PA, 19034-2504
- **NAICS:** 423830
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $872K
- **Initial approval:** $872K
- **Forgiven:** $880K (101%)
- **Forgiveness date:** 12/29/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $872K
- **Jobs reported:** 44
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*