# PPP loan: PRECISION MACHINED COMPONENTS INC.,
> **$284K** approved 04/09/2020 · Paid in Full · Loan `8927507004`
## Borrower
- **Name:** PRECISION MACHINED COMPONENTS INC.,
- **Address:** 1348 Enterprise Dr, Romeoville, IL, 60446-1016
- **NAICS:** 332721
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $284K
- **Initial approval:** $284K
- **Forgiven:** $288K (101%)
- **Forgiveness date:** 08/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $284K
- **Jobs reported:** 27
## Lender
- **Originating:** First Midwest Bank, A Division of Old National Bank
- **Servicing:** Old National Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*