PPP Loan information for Preferred promotions inc

$58,500

Preferred promotions inc was initially approved for PPP Loan of amount $58,500, the current approved amount is $58,500. The loan was approved on 04/27/2020 by The Bank of Brookhaven reported 8 jobs and $58,500 was used to fund payroll.

Preferred promotions inc is Existing or more than 2 years old

PREFERRED PROMOTIONS INC

Date Approved

04/27/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

PREFERRED PROMOTIONS INC

Borrower Address

769 Brookway Blvd

Borrower City

BROOKHAVEN

Borrower State

MS

Borrower Zip

39601-2657

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

58500.00

Current Approval Amount

58500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124386

Servicing Lender Name

Bank of Brookhaven

Servicing Lender Address

411 Brookway Blvd

Servicing Lender City

BROOKHAVEN

Servicing Lender State

MS

Servicing Lender Zip

39601-3243

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BROOKHAVEN

Project County Name

LINCOLN

Project State

MS

Project Zip

39601-2657

CD

MS-03

Jobs Reported

8

NAICS Code

453220

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

58500.00

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

124386

Originating Lender

Bank of Brookhaven

Originating Lender City

BROOKHAVEN

Originating Lender State

MS

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

50793.18

Forgiveness Date

11/25/2020

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