PPP Loan information for Preferred quality services, inc.

$766,700

Preferred quality services, inc. was initially approved for PPP Loan of amount $766,700, the current approved amount is $766,700. The loan was approved on 04/05/2020 by The Grand River Bank reported 52 jobs and $766,700 was used to fund payroll.

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

PREFERRED QUALITY SERVICES, INC.

Date Approved

04/05/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PREFERRED QUALITY SERVICES, INC.

Borrower Address

11382 1st Avenue

Borrower City

Grand Rapids

Borrower State

MI

Borrower Zip

49534-3399

Loan Status Date

08/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

766700.00

Current Approval Amount

766700.00

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

52

NAICS Code

334519

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

766700.00

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

776467.55

Forgiveness Date

07/26/2021

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