PPP Loan information for Preferred insurance servicesinc

$272,198

Preferred insurance servicesinc was initially approved for PPP Loan of amount $272,198, the current approved amount is $272,198. The loan was approved on 04/13/2020 by The Sturgis Bank & Trust Company reported 26 jobs and $272,198 was used to fund payroll.

Preferred insurance servicesinc is Existing or more than 2 years old

PREFERRED INSURANCE SERVICESINC

Date Approved

04/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PREFERRED INSURANCE SERVICESINC

Borrower Address

132 MICHIGAN AVE

Borrower City

THREE RIVERS

Borrower State

MI

Borrower Zip

49093-2121

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

272197.50

Current Approval Amount

272197.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79717

Servicing Lender Name

Sturgis Bank & Trust Company

Servicing Lender Address

113-125 E Chicago Rd

Servicing Lender City

STURGIS

Servicing Lender State

MI

Servicing Lender Zip

49091-1754

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

THREE RIVERS

Project County Name

SAINT JOSEPH

Project State

MI

Project Zip

49093-2121

CD

MI-05

Jobs Reported

26

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

272197.50

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

79717

Originating Lender

Sturgis Bank & Trust Company

Originating Lender City

STURGIS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

273688.99

Forgiveness Date

11/12/2020

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