PPP Loan information for Preferred capital funding inc.

$40,000

Preferred capital funding inc. was initially approved for PPP Loan of amount $40,000, the current approved amount is $40,000. The loan was approved on 02/22/2021 by The Cross River Bank reported 3 jobs and $40,000 was used to fund payroll.

Preferred capital funding inc. is Existing or more than 2 years old

PPP Loan Search / GA / Conyers / Preferred capital funding inc.

PREFERRED CAPITAL FUNDING INC.

Date Approved

02/22/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

PREFERRED CAPITAL FUNDING INC.

Borrower Address

1951 Honey Creek Cmns SE

Borrower City

Conyers

Borrower State

GA

Borrower Zip

30013-5806

Loan Status Date

10/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

40000.00

Current Approval Amount

40000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Conyers

Project County Name

ROCKDALE

Project State

GA

Project Zip

30013-5806

CD

GA-04

Jobs Reported

3

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

39997.00

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

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Female Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

40223.56

Forgiveness Date

09/15/2021

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