PPP Loan information for Prel investments, inc

$278,790

Prel investments, inc was initially approved for PPP Loan of amount $278,790, the current approved amount is $278,790. The loan was approved on 04/05/2020 by The Citizens State Bank of Loyal reported 42 jobs and $278,790 was used to fund payroll.

Prel investments, inc is Existing or more than 2 years old

PREL INVESTMENTS, INC

Date Approved

04/05/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

PREL INVESTMENTS, INC

Borrower Address

N4483 DIVISION AVE

Borrower City

GRANTON

Borrower State

WI

Borrower Zip

54436-8507

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

278790.00

Current Approval Amount

278790.00

Undisbursed Amount

0.00

Franchise Name

Arby's

Servicing Lender Location Id

76119

Servicing Lender Name

Citizens State Bank of Loyal

Servicing Lender Address

400 N Main St

Servicing Lender City

LOYAL

Servicing Lender State

WI

Servicing Lender Zip

54446-9749

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRANTON

Project County Name

CLARK

Project State

WI

Project Zip

54436-8507

CD

WI-07

Jobs Reported

42

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

14000.00

Payroll Proceed

208090.00

Mortgage Interest Proceed

0.00

Rent Proceed

50000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

6700.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

76119

Originating Lender

Citizens State Bank of Loyal

Originating Lender City

LOYAL

Originating Lender State

WI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

280562.04

Forgiveness Date

11/30/2020

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