PPP Loan information for Preferred electric inc.

$273,237

Preferred electric inc. was initially approved for PPP Loan of amount $273,237, the current approved amount is $273,237. The loan was approved on 01/28/2021 by The Umpqua Bank reported 12 jobs and $273,237 was used to fund payroll.

Preferred electric inc. is Existing or more than 2 years old

PREFERRED ELECTRIC INC.

Date Approved

01/28/2021

SBA Office Code

1013

Processing Method

PPS

Borrower Name

PREFERRED ELECTRIC INC.

Borrower Address

23521 Wallitner Rd

Borrower City

Arlington

Borrower State

WA

Borrower Zip

98223-8521

Loan Status Date

12/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

273237.00

Current Approval Amount

273237.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59698

Servicing Lender Name

Umpqua Bank

Servicing Lender Address

445 SE Main St, First Fl

Servicing Lender City

ROSEBURG

Servicing Lender State

OR

Servicing Lender Zip

97470-4934

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Arlington

Project County Name

SNOHOMISH

Project State

WA

Project Zip

98223-8521

CD

WA-01

Jobs Reported

12

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

273237.00

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

59698

Originating Lender

Umpqua Bank

Originating Lender City

ROSEBURG

Originating Lender State

OR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

275340.55

Forgiveness Date

11/10/2021

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