# PPP loan: 8308 PRESTON ROAD, LP
> **$220K** approved 04/15/2020 · Paid in Full · Loan `1771697201`
## Borrower
- **Name:** 8308 PRESTON ROAD, LP
- **Address:** 8308 Preston Rd #198, PLANO, TX, 75024
- **NAICS:** 722511
- **Business type:** Limited Liability Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $220K
- **Initial approval:** $220K
- **Forgiven:** $221K (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $167K
- **Rent:** $44K
- **Utilities:** $9K
- **Jobs reported:** 34
## Lender
- **Originating:** First United Bank and Trust Company
- **Servicing:** First United Bank and Trust Company (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*