# PPP loan: PRESORT PLUS, INC
> **$249K** approved 04/27/2020 · Paid in Full · Loan `4816617208`
## Borrower
- **Name:** PRESORT PLUS, INC
- **Address:** 401 E Warehouse Ct, Taylors, SC, 29687-2165
- **NAICS:** 541860
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $249K
- **Initial approval:** $249K
- **Forgiven:** $253K (101%)
- **Forgiveness date:** 07/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $215K
- **Rent:** $15K
- **Utilities:** $5K
- **Debt interest:** $14K
- **Jobs reported:** 24
## Lender
- **Originating:** First Bank
- **Servicing:** First Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*