PPP Loan information for Preferred premium products, inc

$252,796

Preferred premium products, inc was initially approved for PPP Loan of amount $252,796, the current approved amount is $252,796. The loan was approved on 04/27/2020 by The Morgantown Bank & Trust Company, Inc. reported 30 jobs and $252,796 was used to fund payroll.

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

PPP Loan Search / KY / BOWLING GREEN / Preferred premium products, inc

PREFERRED PREMIUM PRODUCTS, INC

Date Approved

04/27/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

PREFERRED PREMIUM PRODUCTS, INC

Borrower Address

1150 US 31W BYP

Borrower City

BOWLING GREEN

Borrower State

KY

Borrower Zip

42101-2420

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

252795.85

Current Approval Amount

252795.85

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27627

Servicing Lender Name

Morgantown Bank & Trust Company, Inc.

Servicing Lender Address

201 N Main St

Servicing Lender City

MORGANTOWN

Servicing Lender State

KY

Servicing Lender Zip

42261-7914

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BOWLING GREEN

Project County Name

WARREN

Project State

KY

Project Zip

42101-2420

CD

KY-02

Jobs Reported

30

NAICS Code

441310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2795.85

Payroll Proceed

250000.00

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

27627

Originating Lender

Morgantown Bank & Trust Company, Inc.

Originating Lender City

MORGANTOWN

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

253951.96

Forgiveness Date

11/10/2020

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