# PPP loan: PREMIO, INC.
> **$1.24M** approved 04/27/2020 · Paid in Full · Loan `5472247204`
## Borrower
- **Name:** PREMIO, INC.
- **Address:** 918 RADECKI CT, CITY OF INDUSTRY, CA, 91748-1132
- **NAICS:** 334111
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.24M
- **Initial approval:** $1.24M
- **Forgiven:** $1.25M (101%)
- **Forgiveness date:** 03/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.24M
- **Jobs reported:** 98
## Lender
- **Originating:** Cathay Bank
- **Servicing:** Cathay Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*