PPP Loan information for Preferred power solutions inc.

$360,637

Preferred power solutions inc. was initially approved for PPP Loan of amount $360,637, the current approved amount is $360,637. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 22 jobs and $360,637 was used to fund payroll.

Preferred power solutions inc. is Existing or more than 2 years old

PREFERRED POWER SOLUTIONS INC.

Date Approved

05/01/2020

SBA Office Code

0942

Processing Method

PPP

Borrower Name

PREFERRED POWER SOLUTIONS INC.

Borrower Address

1400 EASTON DR STE 116

Borrower City

BAKERSFIELD

Borrower State

CA

Borrower Zip

93309

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

360637.00

Current Approval Amount

360637.00

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

BAKERSFIELD

Project County Name

KERN

Project State

CA

Project Zip

93309-0200

CD

CA-20

Jobs Reported

22

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

360637.00

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

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

364446.13

Forgiveness Date

05/25/2021

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