# PPP loan: PRESTIGIOUS PLACEMENT INC
> **$1.44M** approved 04/14/2020 · Paid in Full · Loan `7183627105`
## Borrower
- **Name:** PRESTIGIOUS PLACEMENT INC
- **Address:** 3800 HACKS CROSS RD, Suite 101, MEMPHIS, TN, 38125-2360
- **NAICS:** 561320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.44M
- **Initial approval:** $1.44M
- **Forgiven:** $1.46M (102%)
- **Forgiveness date:** 01/04/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.44M
- **Jobs reported:** 300
## Lender
- **Originating:** Simmons Bank
- **Servicing:** Simmons Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*