PPP Loan information for Preferred real estate investments, inc.

$1,296,925

Preferred real estate investments, inc. was initially approved for PPP Loan of amount $1,296,925, the current approved amount is $1,296,925. The loan was approved on 04/07/2020 by The First Merchants Bank reported 107 jobs and $1,296,925 was used to fund payroll.

Preferred real estate investments, inc. is Existing or more than 2 years old

PREFERRED REAL ESTATE INVESTMENTS, INC.

Date Approved

04/07/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

PREFERRED REAL ESTATE INVESTMENTS, INC.

Borrower Address

750 COMMUNICATIONS PKWY STE 250

Borrower City

COLUMBUS

Borrower State

OH

Borrower Zip

43214-0409

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1296925.00

Current Approval Amount

1296925.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COLUMBUS

Project County Name

FRANKLIN

Project State

OH

Project Zip

43214-0409

CD

OH-03

Jobs Reported

107

NAICS Code

531311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1296925.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1311812.99

Forgiveness Date

06/10/2021

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