# PPP loan: PREMIUM EMPLOYMENT SERVICES, INC.
> **$3.43M** approved 06/18/2020 · Paid in Full · Loan `8427307900`
## Borrower
- **Name:** PREMIUM EMPLOYMENT SERVICES, INC.
- **Address:** 449 HARRISON RD, SALINAS, CA, 93907-1617
- **NAICS:** 561311
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.43M
- **Initial approval:** $3.43M
- **Forgiven:** $3.48M (101%)
- **Forgiveness date:** 12/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $3.43M
- **Jobs reported:** 500
## Lender
- **Originating:** Pacific Valley Bank
- **Servicing:** Pacific Valley Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*