Preferred Industries Inc.

$552,031 PPP Loan in Kimball, Michigan

Loan Details

Loan Number
7589657103
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$552,031
Current Approval
$741,291
Forgiveness Amount
$746,912
Forgiveness Date
Jan 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Preferred Industries Inc.
Address
11 Ash Drive
ZIP Code
48074
Business Type
Subchapter S Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541420)
Business Age
Existing or more than 2 years old
Jobs Reported
41
Estimated Revenue
$9.5M
Rural/Urban
Rural
Congressional District
MI-09

Loan Use Breakdown

Payroll
$741,291

Lender Information

Servicing Lender
The Huntington National Bank
Originating Lender
The Huntington National Bank

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