# PPP loan: PREMACO, INC.
> **$854K** approved 04/09/2020 · Paid in Full · Loan `8937687005`
## Borrower
- **Name:** PREMACO, INC.
- **Address:** 975 Cobb Place Blvd, Suite 104, KENNESAW, GA, 30144
- **NAICS:** 424690
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $854K
- **Initial approval:** $854K
- **Forgiven:** $863K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $816K
- **Rent:** $35K
- **Utilities:** $2K
- **Jobs reported:** 35
## Lender
- **Originating:** Commerce Bank
- **Servicing:** Commerce Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*