Preferred Payment Systems Corp

$1,750,000 PPP Loan in Valley Stream, New York

Loan Details

Loan Number
1236248810
Date Approved
Apr 9, 2021
Loan Status
Paid in Full
Initial Approval
$1,750,000
Current Approval
$1,750,000
Forgiveness Amount
$1,775,618
Forgiveness Date
Sep 22, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Preferred Payment Systems Corp
Address
28 4th St
ZIP Code
11581-1213
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (812930)
Business Age
Existing or more than 2 years old
Jobs Reported
200
Estimated Revenue
$38.2M
Rural/Urban
Urban
Congressional District
NY-04

Loan Use Breakdown

Payroll
$1,749,995
Utilities
$1

Lender Information

Servicing Lender
Td Bank, National Association
Originating Lender
Td Bank, National Association

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