PPP Loan information for Preferred motors inc.

$14,987

Preferred motors inc. was initially approved for PPP Loan of amount $14,987, the current approved amount is $14,987. The loan was approved on 03/24/2021 by The JPMorgan Chase Bank, National Association reported 1 jobs and $14,987 was used to fund payroll.

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

PREFERRED MOTORS INC.

Date Approved

03/24/2021

SBA Office Code

0235

Processing Method

PPP

Borrower Name

PREFERRED MOTORS INC.

Borrower Address

1998 Hillside Ave

Borrower City

New Hyde Park

Borrower State

NY

Borrower Zip

11040-2608

Loan Status Date

08/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

14987.00

Current Approval Amount

14987.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

New Hyde Park

Project County Name

NASSAU

Project State

NY

Project Zip

11040-2608

CD

NY-03

Jobs Reported

1

NAICS Code

532112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

14987.00

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

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

15183.24

Forgiveness Date

07/20/2022

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