# PPP loan: PREFERRED PREMIUM PRODUCTS, INC
> **$253K** approved 04/27/2020 · Paid in Full · Loan `5115237203`
## Borrower
- **Name:** PREFERRED PREMIUM PRODUCTS, INC
- **Address:** 1150 US 31W BYP, BOWLING GREEN, KY, 42101-2420
- **NAICS:** 441310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $253K
- **Initial approval:** $253K
- **Forgiven:** $254K (100%)
- **Forgiveness date:** 11/10/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $250K
- **Utilities:** $3K
- **Jobs reported:** 30
## Lender
- **Originating:** Morgantown Bank & Trust Company, Inc.
- **Servicing:** Morgantown Bank & Trust Company, Inc. (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*