# PPP loan: TEAM PRECISION AUTO LLC
> **$623K** approved 03/25/2021 · Paid in Full · Loan `9285738600`
## Borrower
- **Name:** TEAM PRECISION AUTO LLC
- **Address:** 1341 State Rt 23, Butler, NJ, 07405-1727
- **NAICS:** 441110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $623K
- **Initial approval:** $623K
- **Forgiven:** $627K (101%)
- **Forgiveness date:** 12/29/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $623K
- **Utilities:** $1
- **Jobs reported:** 43
## Lender
- **Originating:** Ally Bank
- **Servicing:** Ally Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*