# PPP loan: PREFERRED BUILDING SERVICES, INC
> **$1.14M** approved 04/27/2020 · Paid in Full · Loan `3971487201`
## Borrower
- **Name:** PREFERRED BUILDING SERVICES, INC
- **Address:** 772 KEARNY AVE, KEARNY, NJ, 07032
- **NAICS:** 561720
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.14M
- **Initial approval:** $1.14M
- **Forgiven:** $1.15M (101%)
- **Forgiveness date:** 11/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.14M
- **Jobs reported:** 367
## Lender
- **Originating:** Columbia Bank
- **Servicing:** Columbia Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*