# PPP loan: PREUSS INC
> **$221K** approved 05/11/2020 · Paid in Full · Loan `4871797404`
## Borrower
- **Name:** PREUSS INC
- **Address:** 950 GRAND STREET, BROOKLYN, NY, 11211-2707
- **NAICS:** 811121
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $221K
- **Initial approval:** $221K
- **Forgiven:** $224K (101%)
- **Forgiveness date:** 09/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $182K
- **Rent:** $21K
- **Utilities:** $1K
- **Health care:** $17K
- **Jobs reported:** 21
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*