# PPP loan: PRECISION BUILDERS, INC
> **$263K** approved 04/28/2020 · Paid in Full · Loan `9467037204`
## Borrower
- **Name:** PRECISION BUILDERS, INC
- **Address:** 3255 FIELDS DR, BETTENDORF, IA, 52722-2487
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $263K
- **Initial approval:** $263K
- **Forgiven:** $266K (101%)
- **Forgiveness date:** 04/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $197K
- **Mortgage interest:** $22K
- **Utilities:** $22K
- **Health care:** $22K
- **Jobs reported:** 20
## Lender
- **Originating:** First Central State Bank
- **Servicing:** First Central State Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*