# PPP loan: PRECISION TOOL & STAMPING INC.
> **$335K** approved 03/12/2021 · Paid in Full · Loan `9123408505`
## Borrower
- **Name:** PRECISION TOOL & STAMPING INC.
- **Address:** 800 Warsaw Rd, Clinton, NC, 28328-3716
- **NAICS:** 333514
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $335K
- **Initial approval:** $335K
- **Forgiven:** $336K (100%)
- **Forgiveness date:** 08/04/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $335K
- **Utilities:** $1
- **Jobs reported:** 32
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*