Preferred Industries Inc.

$741,250 PPP Loan in Kimball, Michigan

Loan Details

Loan Number
9631468301
Date Approved
Jan 31, 2021
Loan Status
Paid in Full
Initial Approval
$741,250
Current Approval
$741,250
Forgiveness Amount
$746,957
Forgiveness Date
Nov 17, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Preferred Industries Inc.
Address
11 Ash Dr
ZIP Code
48074-4401
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333249)
Business Age
Existing or more than 2 years old
Jobs Reported
36
Estimated Revenue
$9.4M
Rural/Urban
Rural
Congressional District
MI-09

Loan Use Breakdown

Payroll
$741,249

Lender Information

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

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