PPP Loan information for Preferred controls corporation

$239,872

Preferred controls corporation was initially approved for PPP Loan of amount $239,872, the current approved amount is $239,872. The loan was approved on 01/20/2021 by The Farmers and Merchants State Bank of Pierz reported 16 jobs and $239,872 was used to fund payroll.

Preferred controls corporation is Existing or more than 2 years old

PPP Loan Search / MN / Albany / Preferred controls corporation

PREFERRED CONTROLS CORPORATION

Date Approved

01/20/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

PREFERRED CONTROLS CORPORATION

Borrower Address

460 Huskie Dr Ste 102

Borrower City

Albany

Borrower State

MN

Borrower Zip

56307-4546

Loan Status Date

01/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

239872.00

Current Approval Amount

239872.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38741

Servicing Lender Name

Farmers and Merchants State Bank of Pierz

Servicing Lender Address

80 Main St

Servicing Lender City

PIERZ

Servicing Lender State

MN

Servicing Lender Zip

56364-4529

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Albany

Project County Name

STEARNS

Project State

MN

Project Zip

56307-4546

CD

MN-07

Jobs Reported

16

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

239867.00

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

38741

Originating Lender

Farmers and Merchants State Bank of Pierz

Originating Lender City

PIERZ

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

241977.54

Forgiveness Date

12/09/2021

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