# PPP loan: PRECISE PIPING INC.
> **$466K** approved 02/13/2021 · Paid in Full · Loan `8540218405`
## Borrower
- **Name:** PRECISE PIPING INC.
- **Address:** 1479 Starlite Dr, Lumberton, NC, 28358-0564
- **NAICS:** 238990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $466K
- **Initial approval:** $466K
- **Forgiven:** $470K (101%)
- **Forgiveness date:** 12/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $466K
- **Utilities:** $1
- **Jobs reported:** 32
## Lender
- **Originating:** First Bank
- **Servicing:** First Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*