# PPP loan: PRECISION FRANCHISING INC
> **$2.43M** approved 04/15/2020 · Paid in Full · Loan `8595367100`
## Borrower
- **Name:** PRECISION FRANCHISING INC
- **Address:** 106 Woodwinds Industrial Ct, CARY, NC, 27511
- **NAICS:** 811191
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $2.43M
- **Initial approval:** $2.43M
- **Forgiven:** $2.46M (101%)
- **Forgiveness date:** 07/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.43M
- **Jobs reported:** 259
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*