PPP Loan information for Preferred systems, inc.

$59,325

Preferred systems, inc. was initially approved for PPP Loan of amount $59,325, the current approved amount is $59,325. The loan was approved on 04/07/2020 by The CNB Bank reported 4 jobs and $59,325 was used to fund payroll.

Preferred systems, inc. is Existing or more than 2 years old

PPP Loan Search / PA / ERIE / Preferred systems, inc.

PREFERRED SYSTEMS, INC.

Date Approved

04/07/2020

SBA Office Code

0358

Processing Method

PPP

Borrower Name

PREFERRED SYSTEMS, INC.

Borrower Address

3504 State Street

Borrower City

ERIE

Borrower State

PA

Borrower Zip

16504

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

59325.00

Current Approval Amount

59325.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59954

Servicing Lender Name

CNB Bank

Servicing Lender Address

31 S Second St

Servicing Lender City

CLEARFIELD

Servicing Lender State

PA

Servicing Lender Zip

16830

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ERIE

Project County Name

ERIE

Project State

PA

Project Zip

16504-1001

CD

PA-16

Jobs Reported

4

NAICS Code

611710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3465.00

Payroll Proceed

47460.00

Mortgage Interest Proceed

0.00

Rent Proceed

8400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

59954

Originating Lender

CNB Bank

Originating Lender City

CLEARFIELD

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

59692.33

Forgiveness Date

11/30/2020

;