# PPP loan: PREFERRED ASSOCIATION MANAGEMENT COMPANY
> **$255K** approved 04/13/2020 · Paid in Full · Loan `5042097109`
## Borrower
- **Name:** PREFERRED ASSOCIATION MANAGEMENT COMPANY
- **Address:** 1101 ARROW POINT DRIVE STE 101, CEDAR PARK, TX, 78613-7736
- **NAICS:** 531311
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $255K
- **Initial approval:** $255K
- **Forgiven:** $258K (101%)
- **Forgiveness date:** 09/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $233K
- **Rent:** $20K
- **Utilities:** $1K
- **Jobs reported:** 21
## Lender
- **Originating:** Western Alliance Bank
- **Servicing:** Western Alliance Bank (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*