# PPP loan: PREFERRED OFFICE PRODUCTS
> **$577K** approved 04/09/2020 · Paid in Full · Loan `9070957004`
## Borrower
- **Name:** PREFERRED OFFICE PRODUCTS
- **Address:** 1701 W Walnut hill, IRVING, TX, 75038
- **NAICS:** 424120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $577K
- **Initial approval:** $577K
- **Forgiven:** $580K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $577K
- **Jobs reported:** 45
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*