PPP Loan information for Preferred industries inc.

$741,291

Preferred industries inc. was initially approved for PPP Loan of amount $552,031, the current approved amount is $741,291. The loan was approved on 04/14/2020 by The The Huntington National Bank reported 41 jobs and $741,291 was used to fund payroll.

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

PPP Loan Search / MI / Kimball / Preferred industries inc.

PREFERRED INDUSTRIES INC.

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PREFERRED INDUSTRIES INC.

Borrower Address

11 Ash Drive

Borrower City

Kimball

Borrower State

MI

Borrower Zip

48074

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

552031.13

Current Approval Amount

741290.65

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Kimball

Project County Name

SAINT CLAIR

Project State

MI

Project Zip

48074-0001

CD

MI-09

Jobs Reported

41

NAICS Code

541420

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

741290.65

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

Subchapter S Corporation

Originating Lender Location Id

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

746912.10

Forgiveness Date

01/26/2021

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