Preferred Machine LLC

$636,700 PPP Loan in Jenison, Michigan

Loan Details

Loan Number
5852637107
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$636,700
Current Approval
$636,700
Forgiveness Amount
$642,855
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Preferred Machine LLC
Address
6673 Pine Ridge Ct
ZIP Code
49428-9278
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332322)
Business Age
Existing or more than 2 years old
Jobs Reported
74
Estimated Revenue
$18.1M
Rural/Urban
Urban
Congressional District
MI-02

Loan Use Breakdown

Payroll
$636,700

Lender Information

Servicing Lender
West Michigan Community Bank
Originating Lender
West Michigan Community Bank

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