PPP Loan information for Preferred wholesale, inc.

$129,000

Preferred wholesale, inc. was initially approved for PPP Loan of amount $129,000, the current approved amount is $129,000. The loan was approved on 04/27/2020 by The First Iowa State Bank reported 12 jobs and $129,000 was used to fund payroll.

Preferred wholesale, inc. is Existing or more than 2 years old

PPP Loan Search / IA / ALBIA / Preferred wholesale, inc.

PREFERRED WHOLESALE, INC.

Date Approved

04/27/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

PREFERRED WHOLESALE, INC.

Borrower Address

381 HIGHWAY 34

Borrower City

ALBIA

Borrower State

IA

Borrower Zip

52531-9663

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

129000.00

Current Approval Amount

129000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24537

Servicing Lender Name

First Iowa State Bank

Servicing Lender Address

19 Benton Ave East

Servicing Lender City

ALBIA

Servicing Lender State

IA

Servicing Lender Zip

52531-2032

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALBIA

Project County Name

MONROE

Project State

IA

Project Zip

52531-9663

CD

IA-03

Jobs Reported

12

NAICS Code

424470

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

129000.00

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

24537

Originating Lender

First Iowa State Bank

Originating Lender City

ALBIA

Originating Lender State

IA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

130003.33

Forgiveness Date

02/03/2021

;