PPP Loan information for Preferred choice

$10,711

Preferred choice was initially approved for PPP Loan of amount $10,711, the current approved amount is $10,711. The loan was approved on 07/19/2020 by The Bank of America, National Association reported 2 jobs and $10,711 was used to fund payroll.

Preferred choice is Existing or more than 2 years old

PPP Loan Search / AZ / SOMERTON / Preferred choice

PREFERRED CHOICE

Date Approved

07/19/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

PREFERRED CHOICE

Borrower Address

4889 W SHARON LN

Borrower City

SOMERTON

Borrower State

AZ

Borrower Zip

85350-7129

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

10711.00

Current Approval Amount

10711.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SOMERTON

Project County Name

YUMA

Project State

AZ

Project Zip

85350-7129

CD

AZ-07

Jobs Reported

2

NAICS Code

311999

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

10711.00

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

Partnership

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

10770.86

Forgiveness Date

02/10/2021

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