# PPP loan: PRECISION PIPING LLC
> **$488K** approved 05/01/2020 · Paid in Full · Loan `8912397310`
## Borrower
- **Name:** PRECISION PIPING LLC
- **Address:** 2410 Renfrew Way, Lansing, MI, 48911
- **NAICS:** 238220
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $488K
- **Initial approval:** $488K
- **Forgiven:** $491K (101%)
- **Forgiveness date:** 02/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $366K
- **Rent:** $61K
- **Utilities:** $61K
- **Jobs reported:** 25
## Lender
- **Originating:** Michigan State University FCU
- **Servicing:** Michigan State University FCU (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*