PPP Loan information for Preferred title inc.

$64,000

Preferred title inc. was initially approved for PPP Loan of amount $64,000, the current approved amount is $64,000. The loan was approved on 04/06/2020 by The Sherburne State Bank reported 5 jobs and $64,000 was used to fund payroll.

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

PPP Loan Search / MN / MONTICELLO / Preferred title inc.

PREFERRED TITLE INC.

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PREFERRED TITLE INC.

Borrower Address

113 WEST BROADWAY ST

Borrower City

MONTICELLO

Borrower State

MN

Borrower Zip

55362-9352

Loan Status Date

03/23/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

64000.00

Current Approval Amount

64000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38878

Servicing Lender Name

Sherburne State Bank

Servicing Lender Address

12500 Sherburne Ave

Servicing Lender City

BECKER

Servicing Lender State

MN

Servicing Lender Zip

55308

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MONTICELLO

Project County Name

WRIGHT

Project State

MN

Project Zip

55362-9352

CD

MN-06

Jobs Reported

5

NAICS Code

541191

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

64000.00

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

38878

Originating Lender

Sherburne State Bank

Originating Lender City

BECKER

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

64517.33

Forgiveness Date

02/02/2021

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