# PPP loan: PREFERRED AIR INC
> **$463K** approved 04/15/2020 · Paid in Full · Loan `1017157201`
## Borrower
- **Name:** PREFERRED AIR INC
- **Address:** 424 B BOSTON STREET, Topsfield, MA, 01983
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $463K
- **Initial approval:** $463K
- **Forgiven:** $468K (101%)
- **Forgiveness date:** 04/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $463K
- **Jobs reported:** 30
## Lender
- **Originating:** Citizens Bank, National Association
- **Servicing:** Citizens Bank, National Association (RI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*