# PPP loan: PRECISION MACHINE AND MANUFACTURING INC
> **$506K** approved 02/18/2021 · Paid in Full · Loan `9866508403`
## Borrower
- **Name:** PRECISION MACHINE AND MANUFACTURING INC
- **Address:** 1290 S Bertelsen Rd, Eugene, OR, 97402-5700
- **NAICS:** 332999
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $506K
- **Initial approval:** $506K
- **Forgiven:** $508K (100%)
- **Forgiveness date:** 08/10/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $506K
- **Utilities:** $1
- **Jobs reported:** 29
## Lender
- **Originating:** Cache Valley Bank
- **Servicing:** Cache Valley Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*