PPP Loan information for Preferred transmission inc.

$62,600

Preferred transmission inc. was initially approved for PPP Loan of amount $72,598, the current approved amount is $62,600. The loan was approved on 05/01/2020 by The U.S. Bank, National Association reported 7 jobs and $62,600 was used to fund payroll.

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

PPP Loan Search / ND / JAMESTOWN / Preferred transmission inc.

PREFERRED TRANSMISSION INC.

Date Approved

05/01/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

PREFERRED TRANSMISSION INC.

Borrower Address

825 5TH AVE NE

Borrower City

JAMESTOWN

Borrower State

ND

Borrower Zip

58401

Loan Status Date

02/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

72598.00

Current Approval Amount

62600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JAMESTOWN

Project County Name

STUTSMAN

Project State

ND

Project Zip

58401-0001

CD

ND-

Jobs Reported

7

NAICS Code

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

62600.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

63032.98

Forgiveness Date

01/25/2021

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