# PPP loan: PREFERRED HOME CARE SERVICES INC
> **$189K** approved 04/08/2020 · Paid in Full · Loan `8842557009`
## Borrower
- **Name:** PREFERRED HOME CARE SERVICES INC
- **Address:** 17520 93RD PL N, MAPLE GROVE, MN, 55311-4434
- **NAICS:** 621610
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $189K
- **Initial approval:** $193K
- **Forgiven:** $190K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $154K
- **Utilities:** $12K
- **Health care:** $13K
- **Debt interest:** $10K
- **Jobs reported:** 52
## Lender
- **Originating:** Americana Community Bank
- **Servicing:** Americana Community Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*