PPP Loan information for Preaus motor company, inc.

$105,794

Preaus motor company, inc. was initially approved for PPP Loan of amount $105,794, the current approved amount is $105,794. The loan was approved on 04/06/2020 by The Marion State Bank reported 10 jobs and $105,794 was used to fund payroll.

Preaus motor company, inc. is Existing or more than 2 years old

PPP Loan Search / LA / FARMERVILLE / Preaus motor company, inc.

PREAUS MOTOR COMPANY, INC.

Date Approved

04/06/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

PREAUS MOTOR COMPANY, INC.

Borrower Address

206 SOUTH MAIN ST

Borrower City

FARMERVILLE

Borrower State

LA

Borrower Zip

71241-2830

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

105793.77

Current Approval Amount

105793.77

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

28425

Servicing Lender Name

Marion State Bank

Servicing Lender Address

345 Main St

Servicing Lender City

MARION

Servicing Lender State

LA

Servicing Lender Zip

71260-5253

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FARMERVILLE

Project County Name

UNION

Project State

LA

Project Zip

71241-2830

CD

LA-04

Jobs Reported

10

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

105793.77

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

28425

Originating Lender

Marion State Bank

Originating Lender City

MARION

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

106513.76

Forgiveness Date

12/09/2020

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