# PPP loan: PREFERRED INSULATION CONTRACTORS INC
> **$496K** approved 05/15/2020 · Paid in Full · Loan `7006237410`
## Borrower
- **Name:** PREFERRED INSULATION CONTRACTORS INC
- **Address:** 7225 W ROOSEVELT STREET SUITE # 180, PHOENIX, AZ, 85043
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $496K
- **Initial approval:** $496K
- **Forgiven:** $504K (101%)
- **Forgiveness date:** 11/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $496K
- **Jobs reported:** 36
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*