# PPP loan: PRECISION HYDRAULIC INC.
> **$195K** approved 04/15/2020 · Paid in Full · Loan `8078377105`
## Borrower
- **Name:** PRECISION HYDRAULIC INC.
- **Address:** 68 McDonald Street, Dedham, MA, 02026
- **NAICS:** 811219
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $195K
- **Initial approval:** $195K
- **Forgiven:** $197K (101%)
- **Forgiveness date:** 03/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $195K
- **Jobs reported:** 13
## Lender
- **Originating:** Citizens Bank, National Association
- **Servicing:** Citizens Bank, National Association (RI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*