# PPP loan: PREFERRED RESOURCES INC.
> **$1.03M** approved 03/16/2021 · Paid in Full · Loan `3193138603`
## Borrower
- **Name:** PREFERRED RESOURCES INC.
- **Address:** 721 Emerson Rd Ste 565, Saint Louis, MO, 63141-6757
- **NAICS:** 541512
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.03M
- **Initial approval:** $1.03M
- **Forgiven:** $1.04M (101%)
- **Forgiveness date:** 11/17/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.03M
- **Utilities:** $1
- **Jobs reported:** 56
## Lender
- **Originating:** The Central Trust Bank
- **Servicing:** The Central Trust Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*