PPP Loan information for Preferred electric llc

$90,863

Preferred electric llc was initially approved for PPP Loan of amount $90,863, the current approved amount is $90,863. The loan was approved on 01/25/2021 by The Manufacturers and Traders Trust Company reported 7 jobs and $90,863 was used to fund payroll.

Preferred electric llc is Existing or more than 2 years old

PREFERRED ELECTRIC LLC

Date Approved

01/25/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

PREFERRED ELECTRIC LLC

Borrower Address

1260 Farmington Ave

Borrower City

Berlin

Borrower State

CT

Borrower Zip

06037-2358

Loan Status Date

04/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

90862.50

Current Approval Amount

90862.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Berlin

Project County Name

HARTFORD

Project State

CT

Project Zip

06037-2358

CD

CT-01

Jobs Reported

7

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

90862.50

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

Limited Liability Company(LLC)

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

91888.13

Forgiveness Date

03/17/2022

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