# PPP loan: PRECISION AUTO BODY INC
> **$239K** approved 04/09/2020 · Paid in Full · Loan `9832667008`
## Borrower
- **Name:** PRECISION AUTO BODY INC
- **Address:** 200 LARGENT ST, LUFKIN, TX, 75904-3204
- **NAICS:** 811121
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $239K
- **Initial approval:** $239K
- **Forgiven:** $240K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $191K
- **Mortgage interest:** $24K
- **Utilities:** $24K
- **Jobs reported:** 19
## Lender
- **Originating:** Commercial Bank of Texas, N.A.
- **Servicing:** Commercial Bank of Texas, N.A. (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*