PPP Loan information for Preferred sources inc

$233,000

Preferred sources inc was initially approved for PPP Loan of amount $233,000, the current approved amount is $233,000. The loan was approved on 04/11/2020 by The United Community Bank reported 16 jobs and $233,000 was used to fund payroll.

Preferred sources inc is Existing or more than 2 years old

PPP Loan Search / NC / PINEVILLE / Preferred sources inc

PREFERRED SOURCES INC

Date Approved

04/11/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

PREFERRED SOURCES INC

Borrower Address

930 CULP RD

Borrower City

PINEVILLE

Borrower State

NC

Borrower Zip

28134-9470

Loan Status Date

11/02/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

233000.00

Current Approval Amount

233000.00

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

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PINEVILLE

Project County Name

MECKLENBURG

Project State

NC

Project Zip

28134-9470

CD

NC-14

Jobs Reported

16

NAICS Code

423720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

233000.00

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

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

235491.81

Forgiveness Date

05/12/2021

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