PPP Loan information for Preferred system inc

$21,445

Preferred system inc was initially approved for PPP Loan of amount $21,445, the current approved amount is $21,445. The loan was approved on 02/03/2021 by The Isabella Bank reported 5 jobs and $21,445 was used to fund payroll.

Preferred system inc is Existing or more than 2 years old

PPP Loan Search / MI / Mount Pleasant / Preferred system inc

PREFERRED SYSTEM INC

Date Approved

02/03/2021

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PREFERRED SYSTEM INC

Borrower Address

1510 W High St

Borrower City

Mount Pleasant

Borrower State

MI

Borrower Zip

48858-3028

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

21445.00

Current Approval Amount

21445.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36147

Servicing Lender Name

Isabella Bank

Servicing Lender Address

139 E Broadway

Servicing Lender City

MOUNT PLEASANT

Servicing Lender State

MI

Servicing Lender Zip

48858-2312

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mount Pleasant

Project County Name

ISABELLA

Project State

MI

Project Zip

48858-3028

CD

MI-02

Jobs Reported

5

NAICS Code

454390

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

21445.00

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

36147

Originating Lender

Isabella Bank

Originating Lender City

MOUNT PLEASANT

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

21587.18

Forgiveness Date

10/06/2021

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