# PPP loan: PREFERRED BRANDS INC
> **$157K** approved 03/04/2021 · Paid in Full · Loan `6835538503`
## Borrower
- **Name:** PREFERRED BRANDS INC
- **Address:** 1609 County Road 42 W # 331, Burnsville, MN, 55306-6213
- **NAICS:** 238330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $157K
- **Initial approval:** $157K
- **Forgiven:** $158K (101%)
- **Forgiveness date:** 12/08/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $157K
- **Jobs reported:** 7
## Lender
- **Originating:** Bremer Bank, National Association
- **Servicing:** Bremer Bank, National Association (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*