# PPP loan: PREFERRED MEDICAL SYSTEMS, LLC
> **$672K** approved 04/27/2020 · Paid in Full · Loan `4500027201`
## Borrower
- **Name:** PREFERRED MEDICAL SYSTEMS, LLC
- **Address:** 1921 APPLING RD, CORDOVA, TN, 38016-4911
- **NAICS:** 423450
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $672K
- **Initial approval:** $672K
- **Forgiven:** $679K (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $672K
- **Jobs reported:** 26
## Lender
- **Originating:** Paragon Bank
- **Servicing:** Paragon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*