PPP Loan information for Preferred automotive, inc.

$82,500

Preferred automotive, inc. was initially approved for PPP Loan of amount $82,500, the current approved amount is $82,500. The loan was approved on 04/05/2020 by The Orrstown Bank reported 11 jobs and $82,500 was used to fund payroll.

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

PPP Loan Search / MD / GLEN BURNIE / Preferred automotive, inc.

PREFERRED AUTOMOTIVE, INC.

Date Approved

04/05/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

PREFERRED AUTOMOTIVE, INC.

Borrower Address

7448 E FURNACE BRANCH RD

Borrower City

GLEN BURNIE

Borrower State

MD

Borrower Zip

21060-7284

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

82500.00

Current Approval Amount

82500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

61196

Servicing Lender Name

Orrstown Bank

Servicing Lender Address

77 E King St

Servicing Lender City

SHIPPENSBURG

Servicing Lender State

PA

Servicing Lender Zip

17257-1307

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GLEN BURNIE

Project County Name

ANNE ARUNDEL

Project State

MD

Project Zip

21060-7284

CD

MD-03

Jobs Reported

11

NAICS Code

811111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

82500.00

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

61196

Originating Lender

Orrstown Bank

Originating Lender City

SHIPPENSBURG

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

83352.12

Forgiveness Date

04/27/2021

;