PPP Loan information for Preet inc

$41,470

Preet inc was initially approved for PPP Loan of amount $41,470, the current approved amount is $41,470. The loan was approved on 02/10/2021 by The United Prairie Bank reported 6 jobs and $41,470 was used to fund payroll.

Preet inc is Existing or more than 2 years old

PREET INC

Date Approved

02/10/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

PREET INC

Borrower Address

2404 Highway 12 E

Borrower City

Willmar

Borrower State

MN

Borrower Zip

56201-5824

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

41470.00

Current Approval Amount

41470.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38650

Servicing Lender Name

United Prairie Bank

Servicing Lender Address

1141 Third Ave

Servicing Lender City

MOUNTAIN LAKE

Servicing Lender State

MN

Servicing Lender Zip

56159-1594

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Willmar

Project County Name

KANDIYOHI

Project State

MN

Project Zip

56201-5824

CD

MN-07

Jobs Reported

6

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

41465.00

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

Corporation

Originating Lender Location Id

38650

Originating Lender

United Prairie Bank

Originating Lender City

MOUNTAIN LAKE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

41683.60

Forgiveness Date

08/25/2021

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