# PPP loan: PREFERRED INSURANCE SERVICESINC
> **$272K** approved 04/13/2020 · Paid in Full · Loan `5132097102`
## Borrower
- **Name:** PREFERRED INSURANCE SERVICESINC
- **Address:** 132 MICHIGAN AVE, THREE RIVERS, MI, 49093-2121
- **NAICS:** 524210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $272K
- **Initial approval:** $272K
- **Forgiven:** $274K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $272K
- **Jobs reported:** 26
## Lender
- **Originating:** Sturgis Bank & Trust Company
- **Servicing:** Sturgis Bank & Trust Company (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*