# PPP loan: PREFERRED TRUCKING SERVICES, INC.
> **$271K** approved 04/05/2020 · Paid in Full · Loan `5135567009`
## Borrower
- **Name:** PREFERRED TRUCKING SERVICES, INC.
- **Address:** 27230 ROYALTON RD, COLUMBIA STATION, OH, 44028-9159
- **NAICS:** 811111
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $271K
- **Initial approval:** $501K
- **Forgiven:** $274K (101%)
- **Forgiveness date:** 04/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $271K
- **Jobs reported:** 28
## Lender
- **Originating:** Stearns Bank National Association
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*