PPP Loan information for Preferred quality services inc

$766,722

Preferred quality services inc was initially approved for PPP Loan of amount $766,722, the current approved amount is $766,722. The loan was approved on 01/22/2021 by The Grand River Bank reported 116 jobs and $766,722 was used to fund payroll.

Preferred quality services inc is Existing or more than 2 years old

PPP Loan Search / MI / Grand Rapids / Preferred quality services inc

PREFERRED QUALITY SERVICES INC

Date Approved

01/22/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

PREFERRED QUALITY SERVICES INC

Borrower Address

11382 1st Ave NW

Borrower City

Grand Rapids

Borrower State

MI

Borrower Zip

49534-3399

Loan Status Date

05/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

766722.00

Current Approval Amount

766722.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

464533

Servicing Lender Name

Grand River Bank

Servicing Lender Address

4471 Wilson Ave SW

Servicing Lender City

GRANDVILLE

Servicing Lender State

MI

Servicing Lender Zip

49418-2366

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Grand Rapids

Project County Name

OTTAWA

Project State

MI

Project Zip

49534-3399

CD

MI-02

Jobs Reported

116

NAICS Code

333515

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

766722.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

464533

Originating Lender

Grand River Bank

Originating Lender City

GRANDVILLE

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

776195.74

Forgiveness Date

05/02/2022

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