# PPP loan: PREFERRED PRECAST INC
> **$221K** approved 01/27/2021 · Paid in Full · Loan `7043688302`
## Borrower
- **Name:** PREFERRED PRECAST INC
- **Address:** 2 Titus St, Cumberland, RI, 02864-8396
- **NAICS:** 327390
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $221K
- **Initial approval:** $221K
- **Forgiven:** $222K (101%)
- **Forgiveness date:** 10/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $221K
- **Utilities:** $1
- **Jobs reported:** 18
## Lender
- **Originating:** Citizens Bank, National Association
- **Servicing:** Citizens Bank, National Association (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*