# PPP loan: PRECISION COMPONENT & MACHINE, INC.
> **$439K** approved 04/09/2020 · Paid in Full · Loan `9773957000`
## Borrower
- **Name:** PRECISION COMPONENT & MACHINE, INC.
- **Address:** 17 Rosslyn Rd.  P.O. Box 580, CHESAPEAKE, OH, 45619-0580
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $439K
- **Initial approval:** $439K
- **Forgiven:** $442K (101%)
- **Forgiveness date:** 01/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $367K
- **Utilities:** $25K
- **Health care:** $47K
- **Jobs reported:** 34
## Lender
- **Originating:** The Ohio Valley Bank Company
- **Servicing:** The Ohio Valley Bank Company (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*