PPP Loan information for Preferred air inc

$463,000

Preferred air inc was initially approved for PPP Loan of amount $463,000, the current approved amount is $463,000. The loan was approved on 04/15/2020 by The Citizens Bank, National Association reported 30 jobs and $463,000 was used to fund payroll.

Preferred air inc is Existing or more than 2 years old

PREFERRED AIR INC

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

PREFERRED AIR INC

Borrower Address

424 B BOSTON STREET

Borrower City

Topsfield

Borrower State

MA

Borrower Zip

01983

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

463000.00

Current Approval Amount

463000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Topsfield

Project County Name

ESSEX

Project State

MA

Project Zip

01983-0001

CD

MA-06

Jobs Reported

30

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

463000.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

467591.95

Forgiveness Date

04/22/2021

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