PPP Loan information for Preferred mortgage corporation

$355,000

Preferred mortgage corporation was initially approved for PPP Loan of amount $355,000, the current approved amount is $355,000. The loan was approved on 04/27/2020 by The Banesco USA reported 52 jobs and $355,000 was used to fund payroll.

Preferred mortgage corporation is Existing or more than 2 years old

PPP Loan Search / PR / SAN JUAN / Preferred mortgage corporation

PREFERRED MORTGAGE CORPORATION

Date Approved

04/27/2020

SBA Office Code

0252

Processing Method

PPP

Borrower Name

PREFERRED MORTGAGE CORPORATION

Borrower Address

AVE FD ROOSEVELT 307

Borrower City

SAN JUAN

Borrower State

PR

Borrower Zip

00918-2305

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

355000.00

Current Approval Amount

355000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

437582

Servicing Lender Name

Banesco USA

Servicing Lender Address

3155 NW 77th Ave

Servicing Lender City

Miami

Servicing Lender State

FL

Servicing Lender Zip

33122

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAN JUAN

Project County Name

SAN JUAN

Project State

PR

Project Zip

00918-2305

CD

PR-

Jobs Reported

52

NAICS Code

522292

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

9498.00

Payroll Proceed

307772.00

Mortgage Interest Proceed

37730.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

437582

Originating Lender

Banesco USA

Originating Lender City

Miami

Originating Lender State

FL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

344052.65

Forgiveness Date

06/25/2021

;