PPP Loan information for Preferred payment systems corp-sba small 7a term

$2,064,542

Preferred payment systems corp-sba small 7a term was initially approved for PPP Loan of amount $2,064,542, the current approved amount is $2,064,542. The loan was approved on 05/01/2020 by The TD Bank, National Association reported 436 jobs and $2,064,542 was used to fund payroll.

Preferred payment systems corp-sba small 7a term is Existing or more than 2 years old

PREFERRED PAYMENT SYSTEMS CORP-SBA SMALL 7A TERM

Date Approved

05/01/2020

SBA Office Code

0235

Processing Method

PPP

Borrower Name

PREFERRED PAYMENT SYSTEMS CORP-SBA SMALL 7A TERM

Borrower Address

28 Fourth Street

Borrower City

Valley Stream

Borrower State

NY

Borrower Zip

11581

Loan Status Date

10/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2064542.00

Current Approval Amount

2064542.00

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

11581-1000

CD

NY-04

Jobs Reported

436

NAICS Code

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2064542.00

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

2092241.27

Forgiveness Date

09/07/2021

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