PPP Loan information for Preferred program solutions

$318,606

Preferred program solutions was initially approved for PPP Loan of amount $318,606, the current approved amount is $318,606. The loan was approved on 04/09/2020 by The United Community Bank reported 12 jobs and $318,606 was used to fund payroll.

Preferred program solutions is Existing or more than 2 years old

PREFERRED PROGRAM SOLUTIONS

Date Approved

04/09/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

PREFERRED PROGRAM SOLUTIONS

Borrower Address

27125 Lands End Drive

Borrower City

MADISON

Borrower State

AL

Borrower Zip

35756-4776

Loan Status Date

02/12/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

318605.64

Current Approval Amount

318605.64

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19133

Servicing Lender Name

United Community Bank

Servicing Lender Address

177 Hwy 515 E

Servicing Lender City

BLAIRSVILLE

Servicing Lender State

GA

Servicing Lender Zip

30512-8579

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MADISON

Project County Name

LIMESTONE

Project State

AL

Project Zip

35756-4776

CD

AL-05

Jobs Reported

12

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

318605.64

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

Corporation

Originating Lender Location Id

19133

Originating Lender

United Community Bank

Originating Lender City

BLAIRSVILLE

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

322128.00

Forgiveness Date

05/21/2021

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