PPP Loan information for Preferred office products

$576,700

Preferred office products was initially approved for PPP Loan of amount $576,686, the current approved amount is $576,700. The loan was approved on 04/09/2020 by The Truist Bank reported 45 jobs and $576,700 was used to fund payroll.

Preferred office products is Existing or more than 2 years old

PREFERRED OFFICE PRODUCTS

Date Approved

04/09/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

PREFERRED OFFICE PRODUCTS

Borrower Address

1701 W Walnut hill

Borrower City

IRVING

Borrower State

TX

Borrower Zip

75038

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

576685.97

Current Approval Amount

576700.00

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

N

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

75038-0001

CD

TX-24

Jobs Reported

45

NAICS Code

424120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

576700.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

570115.94

Forgiveness Date

11/23/2020

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