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Terry J. Preece DDS PC

Terry J Preece is a Professional Corporation registed in Alaska. Founded in September 2010, with the entity number 130671, its principal address is 12501 OLD SEWARD HIGHWAY, STE. C, ANCHORAGE, AK 99515. The entity did not apply for any business licenses yet. Currently in Involuntarily Dissolved. Terry J Preece has 3 key officers and 2 shareholders. The company participated in the Paycheck Protection Program (PPP) 2 times for a total amount of $142372.00.

Company Details

Legal Name: Terry J. Preece DDS PC
Entity Type: Professional Corporation

Terry J. Preece DDS PC is structured as a Professional Corporation (PC), a special type of corporation designed for licensed professionals such as doctors, lawyers, architects, engineers, and accountants. In Alaska, a Professional Corporation allows these licensed professionals to incorporate their practice while remaining subject to specific regulations governing their profession. Importantly, only licensed professionals may form and own shares in a PC. While it offers some corporate benefits, professionals remain personally accountable for their own professional negligence.
In Alaska, Professional Corporations are governed by regulations within Title 10, Chapter 45 – Professional Corporation Act, but also are affected by their professional governing boards.

Status: Involuntarily Dissolved

The 'Involuntarily Dissolved' status indicates that the state has forcibly terminated Terry J. Preece DDS PC legal existence, usually due to failure to comply with specific legal requirements or obligations. This is a major red flag.

AK Formed Date: 02 Sep 2010 (14 years ago)
Duration: Perpetual
Entity Number: 130671

The entity number, 130671, is a unique identifier assigned by the Alaska Department of Commerce, Community, and Economic Development to Terry J. Preece DDS PC. This number can be used to verify the company's registration and access official records.

Home State: ALASKA
Entity Physical Address: 12501 OLD SEWARD HIGHWAY, STE. C, ANCHORAGE, AK 99515

Key Officers & Management

Name Role Shares
Terry J. Preece Registered Agent -
Terry J. Preece Previous Treasurer, Previous Director, Previous Secretary, Previous President, Previous Shareholder 100.00
TERRY PREECE Director, President, Secretary, Shareholder, Treasurer, Vice President 100.00

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
4600708600 2021-03-18 1084 PPS 12501 Old Seward Hwy Ste C, Anchorage, AK, 99515-4331
Loan Status Date 2022-01-08
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 74965
Loan Approval Amount (current) 74965
Undisbursed Amount 0
Franchise Name -
Lender Location ID 116975
Servicing Lender Name Northrim Bank
Servicing Lender Address 3111 'C' St, ANCHORAGE, AK, 99503
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address Anchorage, ANCHORAGE, AK, 99515-4331
Project Congressional District AK-
Number of Employees 6
NAICS code 621210
Borrower Race Unanswered
Borrower Ethnicity Not Hispanic or Latino
Business Type Subchapter S Corporation
Originating Lender ID 116975
Originating Lender Name Northrim Bank
Originating Lender Address ANCHORAGE, AK
Gender Male Owned
Veteran Non-Veteran
Forgiveness Amount 75542.13
Forgiveness Paid Date 2021-12-29
3689137110 2020-04-12 1084 PPP 12501 Old Seward Hwy,Ste. C, Anchorage, AK, 99515
Loan Status Date 2021-08-18
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 67407
Loan Approval Amount (current) 67407
Undisbursed Amount 0
Franchise Name -
Lender Location ID 456756
Servicing Lender Name Cross River Bank
Servicing Lender Address 885 Teaneck Rd, TEANECK, NJ, 07666-4546
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address Anchorage, ANCHORAGE, AK, 99515-0001
Project Congressional District AK-
Number of Employees 6
NAICS code 621210
Borrower Race Unanswered
Borrower Ethnicity Not Hispanic or Latino
Business Type Subchapter S Corporation
Originating Lender ID 456756
Originating Lender Name Cross River Bank
Originating Lender Address TEANECK, NJ
Gender Male Owned
Veteran Non-Veteran
Forgiveness Amount 68223.27
Forgiveness Paid Date 2021-07-07

Date of last update: 12 Feb 2025

Sources: State of Alaska - Department of Commerce, Community, and Economic Development