PPP Loan information for Preferred labor corporation

$277,963

Preferred labor corporation was initially approved for PPP Loan of amount $277,963, the current approved amount is $277,963. The loan was approved on 03/12/2021 by The Loan Source Incorporated reported 67 jobs and $277,963 was used to fund payroll.

Preferred labor corporation is Existing or more than 2 years old

PREFERRED LABOR CORPORATION

Date Approved

03/12/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

PREFERRED LABOR CORPORATION

Borrower Address

305 W Lorenz Blvd

Borrower City

Jackson

Borrower State

MS

Borrower Zip

39213-7034

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

277963.00

Current Approval Amount

277963.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Jackson

Project County Name

HINDS

Project State

MS

Project Zip

39213-7034

CD

MS-02

Jobs Reported

67

NAICS Code

561320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

277963.00

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

39334

Originating Lender

Trustmark National Bank

Originating Lender City

JACKSON

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

280118.17

Forgiveness Date

01/03/2022

;