# PPP loan: PREFERRED CONTRACTING INC
> **$341K** approved 04/04/2021 · Charged Off · Loan `6812438701`
## Borrower
- **Name:** PREFERRED CONTRACTING INC
- **Address:** 9018 Balboa Blvd, Northridge, CA, 91325-2610
- **NAICS:** 236115
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $341K
- **Initial approval:** $341K
- **Status:** Charged Off
- **Term:** 37 months
## Use of funds
- **Payroll:** $341K
- **Utilities:** $1
- **Jobs reported:** 94
## Lender
- **Originating:** Cross River Bank
- **Servicing:** Cross River Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*