Preferred Medical Systems LLC

$652,000 PPP Loan in Cordova, Tennessee

Loan Details

Loan Number
9436158307
Date Approved
Jan 30, 2021
Loan Status
Paid in Full
Initial Approval
$652,000
Current Approval
$652,000
Forgiveness Amount
$655,550
Forgiveness Date
Aug 25, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Preferred Medical Systems LLC
Address
1921 Appling Rd
ZIP Code
38016-4911
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Wholesale Trade (423450)
Business Age
Existing or more than 2 years old
Jobs Reported
26
Estimated Revenue
$8.0M
Rural/Urban
Urban
Congressional District
TN-09

Loan Use Breakdown

Payroll
$651,997
Utilities
$1

Lender Information

Servicing Lender
Paragon Bank
Originating Lender
Paragon Bank

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