PPP borrower record
PREFERRED CAPITAL MANAGEMENT INC PPP loan record
Public SBA PPP loan record for PREFERRED CAPITAL MANAGEMENT INC. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$176,300
Approved amount
$177,416
Forgiven amount
2020-04-13
Date approved
Borrower and loan details
Borrower
PREFERRED CAPITAL MANAGEMENT INC
Loan number
5310197101
Business type
Corporation
Business age
Existing or more than 2 years old
Borrower city
Fairmont
Borrower state
Minnesota
Borrower ZIP
56031
Jobs reported
26
Loan status
Paid in Full
Forgiveness date
2020-12-08
Servicing lender
Cherokee State Bank
Originating lender
Cherokee State Bank
Reported use of proceeds
Payroll
$176,300
Rent
N/A
Utilities
N/A
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A
Location pages
Related directories
Source note
PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.