# PPP loan: PREFERRED PAPER PRODUCTS, INC.
> **$413K** approved 05/22/2020 · Paid in Full · Loan `2097867805`
## Borrower
- **Name:** PREFERRED PAPER PRODUCTS, INC.
- **Address:** 2950 COLORFUL AVE STE 102, LONGMONT, CO, 80504-5247
- **NAICS:** 322299
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $413K
- **Initial approval:** $413K
- **Forgiven:** $417K (101%)
- **Forgiveness date:** 07/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $413K
- **Jobs reported:** 32
## Lender
- **Originating:** Fountainhead SBF LLC
- **Servicing:** Fountainhead SBF LLC (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*