# PPP loan: 1ST PREFERENCE MORTGAGE CORP
> **$523K** approved 05/01/2020 · Exemption 4 · Loan `6585497700`
## Borrower
- **Name:** 1ST PREFERENCE MORTGAGE CORP
- **Address:** 9423 BELAIR RD, BALTIMORE, MD, 21236-1505
- **NAICS:** 522292
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $523K
- **Initial approval:** $523K
- **Status:** Exemption 4
- **Term:** 30 months
## Use of funds
- **Payroll:** $523K
- **Jobs reported:** 41
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*