# PPP loan: LA PREFERIDA, INC.
> **$912K** approved 04/06/2020 · Paid in Full · Loan `5779467009`
## Borrower
- **Name:** LA PREFERIDA, INC.
- **Address:** 3400 W 35th Street, CHICAGO, IL, 60632-3323
- **NAICS:** 424490
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $912K
- **Initial approval:** $912K
- **Forgiven:** $924K (101%)
- **Forgiveness date:** 08/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $684K
- **Rent:** $114K
- **Utilities:** $114K
- **Jobs reported:** 61
## Lender
- **Originating:** Wheaton Bank & Trust Company, National Association
- **Servicing:** Wheaton Bank & Trust Company, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*