PPP Loan information for Preferred properties, inc.

$1,644,200

Preferred properties, inc. was initially approved for PPP Loan of amount $1,644,200, the current approved amount is $1,644,200. The loan was approved on 04/09/2020 by The Old National Bank reported 75 jobs and $1,644,200 was used to fund payroll.

Preferred properties, inc. is Existing or more than 2 years old

PPP Loan Search / MN / Eagan / Preferred properties, inc.

PREFERRED PROPERTIES, INC.

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PREFERRED PROPERTIES, INC.

Borrower Address

1725 Meadow View Road

Borrower City

Eagan

Borrower State

MN

Borrower Zip

55121-1623

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1644200.00

Current Approval Amount

1644200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Eagan

Project County Name

DAKOTA

Project State

MN

Project Zip

55121-1623

CD

MN-02

Jobs Reported

75

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1644200.00

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1663164.61

Forgiveness Date

06/14/2021

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