PPP Loan information for Preferred finishing technologies, llc

$395,900

Preferred finishing technologies, llc was initially approved for PPP Loan of amount $370,100, the current approved amount is $395,900. The loan was approved on 04/11/2020 by The First Bank reported 42 jobs and $395,900 was used to fund payroll.

Preferred finishing technologies, llc is Existing or more than 2 years old

PREFERRED FINISHING TECHNOLOGIES, LLC

Date Approved

04/11/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

PREFERRED FINISHING TECHNOLOGIES, LLC

Borrower Address

612 BLACKSBURG HWY

Borrower City

BLACKSBURG

Borrower State

SC

Borrower Zip

29702-9625

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

370100.00

Current Approval Amount

395900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51812

Servicing Lender Name

First Bank

Servicing Lender Address

205 SE Broad St

Servicing Lender City

SOUTHERN PINES

Servicing Lender State

NC

Servicing Lender Zip

28387-6106

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BLACKSBURG

Project County Name

CHEROKEE

Project State

SC

Project Zip

29702-9625

CD

SC-05

Jobs Reported

42

NAICS Code

424310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

19795.00

Payroll Proceed

296925.00

Mortgage Interest Proceed

79180.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Partnership

Originating Lender Location Id

51812

Originating Lender

First Bank

Originating Lender City

SOUTHERN PINES

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

399425.14

Forgiveness Date

03/15/2021

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