Preferred Insurance Services

$431,383 PPP Loan in Fairfax, Virginia

Loan Details

Loan Number
1996227201
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$431,383
Current Approval
$431,383
Forgiveness Amount
$435,768
Forgiveness Date
May 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Preferred Insurance Services
Address
4035 Ridge Top Road, Suite 150
ZIP Code
22030
Business Type
Corporation
Industry (NAICS)
Finance and Insurance (524210)
Business Age
New Business or 2 years or less
Jobs Reported
30
Estimated Revenue
$15.4M
Rural/Urban
Urban
Congressional District
VA-11

Loan Use Breakdown

Payroll
$383,383
Rent
$26,000
Utilities
$2,000
Health Care
$20,000

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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