PPP Loan information for Preferred industrial contractors inc.

$1,936,554

Preferred industrial contractors inc. was initially approved for PPP Loan of amount $1,936,554, the current approved amount is $1,936,554. The loan was approved on 01/22/2021 by The Third Coast Bank SSB reported 106 jobs and $1,936,554 was used to fund payroll.

Preferred industrial contractors inc. is Existing or more than 2 years old

PREFERRED INDUSTRIAL CONTRACTORS INC.

Date Approved

01/22/2021

SBA Office Code

0671

Processing Method

PPS

Borrower Name

PREFERRED INDUSTRIAL CONTRACTORS INC.

Borrower Address

8125 FM 3246

Borrower City

Baytown

Borrower State

TX

Borrower Zip

77523-2069

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1936553.75

Current Approval Amount

1936553.75

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

454766

Servicing Lender Name

Third Coast Bank SSB

Servicing Lender Address

20202 Hwy 59 North, Ste 190

Servicing Lender City

HUMBLE

Servicing Lender State

TX

Servicing Lender Zip

77338-2403

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Baytown

Project County Name

CHAMBERS

Project State

TX

Project Zip

77523-2069

CD

TX-36

Jobs Reported

106

NAICS Code

237120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1936551.75

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

454766

Originating Lender

Third Coast Bank SSB

Originating Lender City

HUMBLE

Originating Lender State

TX

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

1944676.52

Forgiveness Date

07/06/2021

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