PPP Loan information for Preferred communication systems, inc.

$224,664

Preferred communication systems, inc. was initially approved for PPP Loan of amount $224,664, the current approved amount is $224,664. The loan was approved on 04/07/2020 by The Hometown National Bank reported 14 jobs and $224,664 was used to fund payroll.

Preferred communication systems, inc. is Existing or more than 2 years old

PREFERRED COMMUNICATION SYSTEMS, INC.

Date Approved

04/07/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

PREFERRED COMMUNICATION SYSTEMS, INC.

Borrower Address

18521 Spring Creek Dr.

Borrower City

TINLEY PARK

Borrower State

IL

Borrower Zip

60477-6202

Loan Status Date

06/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

224663.82

Current Approval Amount

224663.82

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21632

Servicing Lender Name

Hometown National Bank

Servicing Lender Address

260 Bucklin St

Servicing Lender City

LASALLE

Servicing Lender State

IL

Servicing Lender Zip

61301-2344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TINLEY PARK

Project County Name

COOK

Project State

IL

Project Zip

60477-6202

CD

IL-01

Jobs Reported

14

NAICS Code

541519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

224663.82

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

21632

Originating Lender

Hometown National Bank

Originating Lender City

LASALLE

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

227027.41

Forgiveness Date

05/05/2021

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