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
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
Servicing Lender Zip
49418-2366
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
OTTAWA
Project State
Project Zip
CD
MI-02
Jobs Reported
52
NAICS Code
334519
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non Profit
Forgiveness Amount
776467.55
Forgiveness Date
07/26/2021