PPP Loan information for Preferred office products, inc.

$384,900

Preferred office products, inc. was initially approved for PPP Loan of amount $457,400, the current approved amount is $384,900. The loan was approved on 04/07/2020 by The The First National Bank of Fort Smith reported 36 jobs and $384,900 was used to fund payroll.

Preferred office products, inc. is Existing or more than 2 years old

PREFERRED OFFICE PRODUCTS, INC.

Date Approved

04/07/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

PREFERRED OFFICE PRODUCTS, INC.

Borrower Address

319 South 9th Street

Borrower City

FORT SMITH

Borrower State

AR

Borrower Zip

72901-3705

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

457400.00

Current Approval Amount

384900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4322

Servicing Lender Name

The First National Bank of Fort Smith

Servicing Lender Address

602 Garrison Ave

Servicing Lender City

FORT SMITH

Servicing Lender State

AR

Servicing Lender Zip

72901-2519

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FORT SMITH

Project County Name

SEBASTIAN

Project State

AR

Project Zip

72901-3705

CD

AR-03

Jobs Reported

36

NAICS Code

424120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

32075.00

Payroll Proceed

288675.00

Mortgage Interest Proceed

32075.00

Rent Proceed

32075.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

4322

Originating Lender

The First National Bank of Fort Smith

Originating Lender City

FORT SMITH

Originating Lender State

AR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

387388.67

Forgiveness Date

12/10/2020

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