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 05/20/2021 by The Opportunity Resource Fund 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

05/20/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

PREFERRED SYSTEM INC

Borrower Address

1510 E High St

Borrower City

Mount Pleasant

Borrower State

MI

Borrower Zip

48858-3219

Loan Status Date

01/15/2022

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

494685

Servicing Lender Name

Opportunity Resource Fund

Servicing Lender Address

330 Marshall Street Ste 105

Servicing Lender City

Lansing

Servicing Lender State

MI

Servicing Lender Zip

48912

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

48858-3219

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

494685

Originating Lender

Opportunity Resource Fund

Originating Lender City

Lansing

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

21558.78

Forgiveness Date

12/06/2021

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