PPP Loan information for Preferred business services inc

$591,500

Preferred business services inc was initially approved for PPP Loan of amount $591,500, the current approved amount is $591,500. The loan was approved on 04/05/2020 by The City National Bank of Florida reported 31 jobs and $591,500 was used to fund payroll.

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

PREFERRED BUSINESS SERVICES INC

Date Approved

04/05/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

PREFERRED BUSINESS SERVICES INC

Borrower Address

1901 Ponce De Leon Blvd.

Borrower City

CORAL GABLES

Borrower State

FL

Borrower Zip

33134-4412

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

591500.00

Current Approval Amount

591500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

17124

Servicing Lender Name

City National Bank of Florida

Servicing Lender Address

100 SE 2nd St

Servicing Lender City

MIAMI

Servicing Lender State

FL

Servicing Lender Zip

33131

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CORAL GABLES

Project County Name

MIAMI-DADE

Project State

FL

Project Zip

33134-4412

CD

FL-27

Jobs Reported

31

NAICS Code

561110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

147875.00

Payroll Proceed

443625.00

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

Corporation

Originating Lender Location Id

17124

Originating Lender

City National Bank of Florida

Originating Lender City

MIAMI

Originating Lender State

FL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

597382.59

Forgiveness Date

04/16/2021

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