PPP Loan information for Preferred metals corporation

$60,600

Preferred metals corporation was initially approved for PPP Loan of amount $60,600, the current approved amount is $60,600. The loan was approved on 04/09/2020 by The Logansport Savings Bank reported 4 jobs and $60,600 was used to fund payroll.

Preferred metals corporation is Existing or more than 2 years old

PREFERRED METALS CORPORATION

Date Approved

04/09/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

PREFERRED METALS CORPORATION

Borrower Address

15240 STONY CREEK WAY

Borrower City

NOBLESVILLE

Borrower State

IN

Borrower Zip

46060-4379

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

60600.00

Current Approval Amount

60600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84475

Servicing Lender Name

Logansport Savings Bank

Servicing Lender Address

723 E Broadway

Servicing Lender City

LOGANSPORT

Servicing Lender State

IN

Servicing Lender Zip

46947-3159

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NOBLESVILLE

Project County Name

HAMILTON

Project State

IN

Project Zip

46060-4379

CD

IN-05

Jobs Reported

4

NAICS Code

423930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

45450.00

Mortgage Interest Proceed

15150.00

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

84475

Originating Lender

Logansport Savings Bank

Originating Lender City

LOGANSPORT

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

61152.13

Forgiveness Date

03/11/2021

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