PPP Loan information for Preferred direct marketing services inc

$416,000

Preferred direct marketing services inc was initially approved for PPP Loan of amount $416,000, the current approved amount is $416,000. The loan was approved on 01/27/2021 by The TowneBank reported 56 jobs and $416,000 was used to fund payroll.

Preferred direct marketing services inc is Existing or more than 2 years old

PREFERRED DIRECT MARKETING SERVICES INC

Date Approved

01/27/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

PREFERRED DIRECT MARKETING SERVICES INC

Borrower Address

4590 Village Ave

Borrower City

Norfolk

Borrower State

VA

Borrower Zip

23502-2032

Loan Status Date

07/29/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

416000.00

Current Approval Amount

416000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Norfolk

Project County Name

NORFOLK CITY

Project State

VA

Project Zip

23502-2032

CD

VA-03

Jobs Reported

56

NAICS Code

323111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

415998.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

417490.67

Forgiveness Date

06/15/2021

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