PPP Loan information for Preferred pallets inc.

$133,617

Preferred pallets inc. was initially approved for PPP Loan of amount $133,617, the current approved amount is $133,617. The loan was approved on 04/13/2020 by The Holcomb Bank reported 15 jobs and $133,617 was used to fund payroll.

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

PREFERRED PALLETS INC.

Date Approved

04/13/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

PREFERRED PALLETS INC.

Borrower Address

105 Hankes

Borrower City

Aurora

Borrower State

IL

Borrower Zip

60505

Loan Status Date

03/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

133617.00

Current Approval Amount

133617.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21539

Servicing Lender Name

Holcomb Bank

Servicing Lender Address

233 E Illinois Route 38

Servicing Lender City

ROCHELLE

Servicing Lender State

IL

Servicing Lender Zip

61068

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Aurora

Project County Name

KANE

Project State

IL

Project Zip

60505-0001

CD

IL-14

Jobs Reported

15

NAICS Code

321920

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

133617.00

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

Subchapter S Corporation

Originating Lender Location Id

21539

Originating Lender

Holcomb Bank

Originating Lender City

ROCHELLE

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

134771.30

Forgiveness Date

02/19/2021

;