# PPP loan: PREFERRED CONSTRUCTION, LLC
> **$281K** approved 04/30/2020 · Paid in Full · Loan `7159967309`
## Borrower
- **Name:** PREFERRED CONSTRUCTION, LLC
- **Address:** 3685 South Highland Drive 14, Las Vegas, NV, 89103
- **NAICS:** 238990
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $281K
- **Initial approval:** $281K
- **Forgiven:** $252K (90%)
- **Forgiveness date:** 09/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $197K
- **Rent:** $56K
- **Utilities:** $28K
- **Jobs reported:** 50
## Lender
- **Originating:** American Express National Bank
- **Servicing:** American Express National Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*