PPP Loan information for Peerless products, inc.

$4,566,900

Peerless products, inc. was initially approved for PPP Loan of amount $4,566,900, the current approved amount is $4,566,900. The loan was approved on 04/27/2020 by The Commerce Bank reported 389 jobs and $4,566,900 was used to fund payroll.

Peerless products, inc. is Existing or more than 2 years old

PEERLESS PRODUCTS, INC.

Date Approved

04/27/2020

SBA Office Code

0709

Processing Method

PPP

Borrower Name

PEERLESS PRODUCTS, INC.

Borrower Address

2403 S Main

Borrower City

FORT SCOTT

Borrower State

KS

Borrower Zip

66701

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4566900.00

Current Approval Amount

4566900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40781

Servicing Lender Name

Commerce Bank

Servicing Lender Address

1000 Walnut St, 11th Fl

Servicing Lender City

KANSAS CITY

Servicing Lender State

MO

Servicing Lender Zip

64106-2107

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FORT SCOTT

Project County Name

BOURBON

Project State

KS

Project Zip

66701-0001

CD

KS-02

Jobs Reported

389

NAICS Code

332321

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

913300.00

Payroll Proceed

3653600.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

40781

Originating Lender

Commerce Bank

Originating Lender City

KANSAS CITY

Originating Lender State

MO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

4618277.62

Forgiveness Date

06/09/2021

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