# PPP loan: PREFERRED SEED COMPANY, INC.
> **$239K** approved 04/10/2020 · Paid in Full · Loan `2378537110`
## Borrower
- **Name:** PREFERRED SEED COMPANY, INC.
- **Address:** 575 Kennedy Rd, Buffalo, NY, 14227-1029
- **NAICS:** 424910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $239K
- **Initial approval:** $239K
- **Forgiven:** $241K (101%)
- **Forgiveness date:** 04/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $179K
- **Rent:** $30K
- **Utilities:** $30K
- **Jobs reported:** 16
## Lender
- **Originating:** Evans Bank, National Association
- **Servicing:** Evans Bank, National Association (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*