# PPP loan: DP PREISS COMPANY, INC.
> **$5.64M** approved 04/08/2020 · Paid in Full · Loan `8526607009`
## Borrower
- **Name:** DP PREISS COMPANY, INC.
- **Address:** 1700 HILLSBOROUGH ST, RALEIGH, NC, 27605-1641
- **NAICS:** 531110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.64M
- **Initial approval:** $5.64M
- **Forgiven:** $5.71M (101%)
- **Forgiveness date:** 06/28/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $4.52M
- **Rent:** $50K
- **Debt interest:** $1.08M
- **Jobs reported:** 500
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*