Preferred Insurance Services, INC

$125,757 PPP Loan in Arden Hills, Minnesota

Loan Details

Loan Number
6163887002
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$125,757
Current Approval
$125,757
Forgiveness Amount
$126,773
Forgiveness Date
Feb 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Preferred Insurance Services, INC
Address
1306 County Road F
ZIP Code
55112-2959
Business Type
Subchapter S Corporation
Industry (NAICS)
Finance and Insurance (524210)
Business Age
Existing or more than 2 years old
Jobs Reported
8
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MN-04

Loan Use Breakdown

Payroll
$110,363
Rent
$6,464
Utilities
$5,500
Debt Interest
$3,430

Lender Information

Servicing Lender
Lake Elmo Bank
Originating Lender
Lake Elmo Bank

Other PPP Loans in Arden Hills, MN

BusinessApproved
Presbyterian Homes of Arden Hills Inc.$3,162,190NewBizBotAI Deep Dive
Hat Trick Pizza INC$975,430NewBizBotAI Deep Dive
Etail Solutions, LLC$621,800NewBizBotAI Deep Dive
Horizon Chemical Co INC$518,112NewBizBotAI Deep Dive
Resolution Graphics Inc.$382,570NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free