# PPP loan: PRECISION GRINDING & MFG. CORP
> **$1.96M** approved 04/09/2020 · Paid in Full · Loan `9474897006`
## Borrower
- **Name:** PRECISION GRINDING & MFG. CORP
- **Address:** 1305 Emerson Street, ROCHESTER, NY, 14606-3006
- **NAICS:** 532490
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.96M
- **Initial approval:** $1.96M
- **Forgiven:** $1.97M (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.96M
- **Jobs reported:** 156
## Lender
- **Originating:** Five Star Bank
- **Servicing:** Five Star Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*