PPP Loan information for Preferred mechanical inc.

$1,011,750

Preferred mechanical inc. was initially approved for PPP Loan of amount $1,011,750, the current approved amount is $1,011,750. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 76 jobs and $1,011,750 was used to fund payroll.

Preferred mechanical inc. is Existing or more than 2 years old

PPP Loan Search / NY / Bronx / Preferred mechanical inc.

PREFERRED MECHANICAL INC.

Date Approved

05/01/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

PREFERRED MECHANICAL INC.

Borrower Address

3129 BAILEY AVE

Borrower City

Bronx

Borrower State

NY

Borrower Zip

10463

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1011750.00

Current Approval Amount

1011750.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bronx

Project County Name

BRONX

Project State

NY

Project Zip

10463-0001

CD

NY-15

Jobs Reported

76

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

26000.00

Payroll Proceed

778750.00

Mortgage Interest Proceed

0.00

Rent Proceed

78000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

129000.00

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

1018635.52

Forgiveness Date

01/07/2021

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