PPP Loan information for Preferred medical systems llc

$652,000

Preferred medical systems llc was initially approved for PPP Loan of amount $652,000, the current approved amount is $652,000. The loan was approved on 01/30/2021 by The Paragon Bank reported 26 jobs and $652,000 was used to fund payroll.

Preferred medical systems llc is Existing or more than 2 years old

PPP Loan Search / TN / Cordova / Preferred medical systems llc

PREFERRED MEDICAL SYSTEMS LLC

Date Approved

01/30/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

PREFERRED MEDICAL SYSTEMS LLC

Borrower Address

1921 Appling Rd

Borrower City

Cordova

Borrower State

TN

Borrower Zip

38016-4911

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

652000.00

Current Approval Amount

652000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

433171

Servicing Lender Name

Paragon Bank

Servicing Lender Address

5400 Poplar Ave

Servicing Lender City

Memphis

Servicing Lender State

TN

Servicing Lender Zip

38119

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cordova

Project County Name

SHELBY

Project State

TN

Project Zip

38016-4911

CD

TN-09

Jobs Reported

26

NAICS Code

423450

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

651997.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

433171

Originating Lender

Paragon Bank

Originating Lender City

Memphis

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

655549.78

Forgiveness Date

08/25/2021

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