PPP Loan information for Preferred electric inc

$97,485

Preferred electric inc was initially approved for PPP Loan of amount $97,485, the current approved amount is $97,485. The loan was approved on 02/16/2021 by The JPMorgan Chase Bank, National Association reported 14 jobs and $97,485 was used to fund payroll.

Preferred electric inc is Existing or more than 2 years old

PREFERRED ELECTRIC INC

Date Approved

02/16/2021

SBA Office Code

0671

Processing Method

PPS

Borrower Name

PREFERRED ELECTRIC INC

Borrower Address

20235 Tarpon Bay Ln

Borrower City

Cypress

Borrower State

TX

Borrower Zip

77433-5177

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

97485.00

Current Approval Amount

97485.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cypress

Project County Name

HARRIS

Project State

TX

Project Zip

77433-5177

CD

TX-10

Jobs Reported

14

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

97483.00

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

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

98132.52

Forgiveness Date

10/20/2021

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