PPP Loan information for Preferred transport & distribution, inc

$647,367

Preferred transport & distribution, inc was initially approved for PPP Loan of amount $647,367, the current approved amount is $647,367. The loan was approved on 04/15/2020 by The The Piedmont Bank reported 58 jobs and $647,367 was used to fund payroll.

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

PREFERRED TRANSPORT & DISTRIBUTION, INC

Date Approved

04/15/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

PREFERRED TRANSPORT & DISTRIBUTION, INC

Borrower Address

504 RIVERSIDE PKWY

Borrower City

AUSTELL

Borrower State

GA

Borrower Zip

30168-7805

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

647367.00

Current Approval Amount

647367.00

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

58

NAICS Code

484121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

647367.00

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

444613

Originating Lender

The Piedmont Bank

Originating Lender City

NORCROSS

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

652971.60

Forgiveness Date

03/05/2021

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