# PPP loan: PRESTON RD COMPADRES LTD
> **$1.08M** approved 02/04/2021 · Paid in Full · Loan `2942838409`
## Borrower
- **Name:** PRESTON RD COMPADRES LTD
- **Address:** 3901 Gillon Ave, Dallas, TX, 75205-3116
- **NAICS:** 722511
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.08M
- **Initial approval:** $1.08M
- **Forgiven:** $1.09M (101%)
- **Forgiveness date:** 10/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.08M
- **Utilities:** $1
- **Jobs reported:** 90
## Lender
- **Originating:** Simmons Bank
- **Servicing:** Simmons Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*