PPP Loan information for Preferred transport & distribution inc

$694,674

Preferred transport & distribution inc was initially approved for PPP Loan of amount $694,674, the current approved amount is $694,674. The loan was approved on 03/03/2021 by The The Piedmont Bank reported 63 jobs and $694,674 was used to fund payroll.

Preferred transport & distribution inc is Existing or more than 2 years old

PREFERRED TRANSPORT & DISTRIBUTION INC

Date Approved

03/03/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

PREFERRED TRANSPORT & DISTRIBUTION INC

Borrower Address

504 Riverside Pkwy SW

Borrower City

Austell

Borrower State

GA

Borrower Zip

30168-7805

Loan Status Date

02/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

694674.15

Current Approval Amount

694674.15

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

444613

Servicing Lender Name

The Piedmont Bank

Servicing Lender Address

5100 Peachtree Pkwy

Servicing Lender City

NORCROSS

Servicing Lender State

GA

Servicing Lender Zip

30092-2525

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Austell

Project County Name

COBB

Project State

GA

Project Zip

30168-7805

CD

GA-13

Jobs Reported

63

NAICS Code

484121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

694669.15

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

444613

Originating Lender

The Piedmont Bank

Originating Lender City

NORCROSS

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

700193.48

Forgiveness Date

01/03/2022

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