# PPP loan: PREFERRED RESOURCES, INC.
> **$990K** approved 04/10/2020 · Paid in Full · Loan `1297237107`
## Borrower
- **Name:** PREFERRED RESOURCES, INC.
- **Address:** 721 EMERSON RD Ste 565, SAINT LOUIS, MO, 63141-6704
- **NAICS:** 561311
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $990K
- **Initial approval:** $990K
- **Forgiven:** $1.00M (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $935K
- **Rent:** $17K
- **Health care:** $38K
- **Jobs reported:** 56
## Lender
- **Originating:** The Central Trust Bank
- **Servicing:** The Central Trust Bank (MO)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*