# PPP loan: PREFERRED MATERIAL HANDLING INC.
> **$167K** approved 04/07/2020 · Paid in Full · Loan `7236027009`
## Borrower
- **Name:** PREFERRED MATERIAL HANDLING INC.
- **Address:** 813 SE 84TH STREET, OKLAHOMA CITY, OK, 73149-3046
- **NAICS:** 454390
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $167K
- **Initial approval:** $167K
- **Forgiven:** $169K (101%)
- **Forgiveness date:** 04/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $167K
- **Jobs reported:** 12
## Lender
- **Originating:** BancFirst
- **Servicing:** BancFirst (OK)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*