# PPP loan: PRIORITY ACQUISITIONS INC
> **$201K** approved 05/15/2020 · Paid in Full · Loan `6804557401`
## Borrower
- **Name:** PRIORITY ACQUISITIONS INC
- **Address:** 4747 Ewing Road, Castro Valley, CA, 94546
- **NAICS:** 236115
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $201K
- **Initial approval:** $201K
- **Forgiven:** $204K (102%)
- **Forgiveness date:** 01/21/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $150K
- **Rent:** $25K
- **Utilities:** $25K
- **Jobs reported:** 7
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*