PPP Loan information for Preferred appliance repair llc

$546,955

Preferred appliance repair llc was initially approved for PPP Loan of amount $546,955, the current approved amount is $546,955. The loan was approved on 04/11/2020 by The JPMorgan Chase Bank, National Association reported 44 jobs and $546,955 was used to fund payroll.

Preferred appliance repair llc is Existing or more than 2 years old

PREFERRED APPLIANCE REPAIR LLC

Date Approved

04/11/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

PREFERRED APPLIANCE REPAIR LLC

Borrower Address

1020 W MAIN ST

Borrower City

LEXINGTON

Borrower State

KY

Borrower Zip

40508

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

546955.00

Current Approval Amount

546955.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LEXINGTON

Project County Name

FAYETTE

Project State

KY

Project Zip

40508-1000

CD

KY-06

Jobs Reported

44

NAICS Code

811412

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

501735.00

Mortgage Interest Proceed

0.00

Rent Proceed

3000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

42220.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

550230.65

Forgiveness Date

11/23/2020

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