# PPP loan: PRECISION INVENTORY MANAGEMENT INC
> **$151K** approved 05/01/2020 · Paid in Full · Loan `8701907700`
## Borrower
- **Name:** PRECISION INVENTORY MANAGEMENT INC
- **Address:** 13563 S LOVERS LN, RIVERTON, UT, 84065-5667
- **NAICS:** 561110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $151K
- **Initial approval:** $151K
- **Forgiven:** $153K (101%)
- **Forgiveness date:** 10/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $151K
- **Jobs reported:** 11
## Lender
- **Originating:** Cross River Bank
- **Servicing:** Cross River Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*