PPP Loan information for Preferred insurance services

$431,383

Preferred insurance services was initially approved for PPP Loan of amount $431,383, the current approved amount is $431,383. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 30 jobs and $431,383 was used to fund payroll.

Preferred insurance services is New Business or 2 years or less

PPP Loan Search / VA / FAIRFAX / Preferred insurance services

PREFERRED INSURANCE SERVICES

Date Approved

04/15/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

PREFERRED INSURANCE SERVICES

Borrower Address

4035 Ridge Top Road, Suite 150

Borrower City

FAIRFAX

Borrower State

VA

Borrower Zip

22030

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

431383.00

Current Approval Amount

431383.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

FAIRFAX

Project County Name

FAIRFAX CITY

Project State

VA

Project Zip

22030-0900

CD

VA-11

Jobs Reported

30

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2000.00

Payroll Proceed

383383.00

Mortgage Interest Proceed

0.00

Rent Proceed

26000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

20000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

435767.74

Forgiveness Date

05/04/2021

;