# PPP loan: PREACHER, LLC
> **$985K** approved 04/06/2020 · Paid in Full · Loan `6188857000`
## Borrower
- **Name:** PREACHER, LLC
- **Address:** 119 W 8TH ST, AUSTIN, TX, 78701-2301
- **NAICS:** 541810
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $985K
- **Initial approval:** $985K
- **Forgiven:** $992K (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $917K
- **Rent:** $55K
- **Utilities:** $2K
- **Debt interest:** $10K
- **Jobs reported:** 57
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*