PPP Loan information for Preferred office products

$519,749

Preferred office products was initially approved for PPP Loan of amount $519,749, the current approved amount is $519,749. The loan was approved on 02/09/2021 by The Truist Bank reported 43 jobs and $519,749 was used to fund payroll.

Preferred office products is Existing or more than 2 years old

PREFERRED OFFICE PRODUCTS

Date Approved

02/09/2021

SBA Office Code

0610

Processing Method

PPS

Borrower Name

PREFERRED OFFICE PRODUCTS

Borrower Address

1701 W Walnut Hill Ln

Borrower City

Irving

Borrower State

TX

Borrower Zip

75038-3217

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

519748.84

Current Approval Amount

519748.84

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Irving

Project County Name

DALLAS

Project State

TX

Project Zip

75038-3217

CD

TX-33

Jobs Reported

43

NAICS Code

453210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

519743.84

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

523011.71

Forgiveness Date

10/04/2021

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