PPP Loan information for Preferred payment systems corp

$1,750,000

Preferred payment systems corp was initially approved for PPP Loan of amount $1,750,000, the current approved amount is $1,750,000. The loan was approved on 04/09/2021 by The TD Bank, National Association reported 200 jobs and $1,750,000 was used to fund payroll.

Preferred payment systems corp is Existing or more than 2 years old

PPP Loan Search / NY / Valley Stream / Preferred payment systems corp

PREFERRED PAYMENT SYSTEMS CORP

Date Approved

04/09/2021

SBA Office Code

0235

Processing Method

PPS

Borrower Name

PREFERRED PAYMENT SYSTEMS CORP

Borrower Address

28 4th St

Borrower City

Valley Stream

Borrower State

NY

Borrower Zip

11581-1213

Loan Status Date

10/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1750000.00

Current Approval Amount

1750000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29805

Servicing Lender Name

TD Bank, National Association

Servicing Lender Address

2035 Limestone Rd

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19808-5529

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Valley Stream

Project County Name

NASSAU

Project State

NY

Project Zip

11581-1213

CD

NY-04

Jobs Reported

200

NAICS Code

812930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1749995.00

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

29805

Originating Lender

TD Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1775618.06

Forgiveness Date

09/22/2022

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