# PPP loan: PRESERVATION PARTNERS MANAGEMENT GROUP, INC.
> **$2.28M** approved 04/08/2020 · Paid in Full · Loan `8461097009`
## Borrower
- **Name:** PRESERVATION PARTNERS MANAGEMENT GROUP, INC.
- **Address:** 21515 HAWTHORNE BLVD, TORRANCE, CA, 90503-6500
- **NAICS:** 531311
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.28M
- **Initial approval:** $2.64M
- **Forgiven:** $2.31M (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.28M
- **Jobs reported:** 183
## Lender
- **Originating:** Sterling Bank
- **Servicing:** Sterling Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*