# PPP loan: PREFERRED STRATEGIES
> **$404K** approved 05/01/2020 · Paid in Full · Loan `4723007704`
## Borrower
- **Name:** PREFERRED STRATEGIES
- **Address:** 2425 PORTER STREET SUITE 20, SOQUEL, CA, 95073
- **NAICS:** 443142
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $404K
- **Initial approval:** $404K
- **Forgiven:** $409K (101%)
- **Forgiveness date:** 08/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $404K
- **Jobs reported:** 20
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*