PPP Loan information for Preferred industries inc.

$741,250

Preferred industries inc. was initially approved for PPP Loan of amount $741,250, the current approved amount is $741,250. The loan was approved on 01/31/2021 by The The Huntington National Bank reported 36 jobs and $741,250 was used to fund payroll.

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

PREFERRED INDUSTRIES INC.

Date Approved

01/31/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

PREFERRED INDUSTRIES INC.

Borrower Address

11 Ash Dr

Borrower City

Kimball

Borrower State

MI

Borrower Zip

48074-4401

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

741250.00

Current Approval Amount

741250.00

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

48074-4401

CD

MI-09

Jobs Reported

36

NAICS Code

333249

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

741249.00

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

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

746956.61

Forgiveness Date

11/17/2021

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