# PPP loan: PREFERRED QUALITY SERVICES INC
> **$767K** approved 01/22/2021 · Paid in Full · Loan `3883118300`
## Borrower
- **Name:** PREFERRED QUALITY SERVICES INC
- **Address:** 11382 1st Ave NW, Grand Rapids, MI, 49534-3399
- **NAICS:** 333515
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $767K
- **Initial approval:** $767K
- **Forgiven:** $776K (101%)
- **Forgiveness date:** 05/02/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $767K
- **Jobs reported:** 116
## Lender
- **Originating:** Grand River Bank
- **Servicing:** Grand River Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*