PPP Loan information for Preform solutions, inc.

$524,600

Preform solutions, inc. was initially approved for PPP Loan of amount $521,500, the current approved amount is $524,600. The loan was approved on 04/03/2020 by The Cornerstone Bank reported 30 jobs and $524,600 was used to fund payroll.

Preform solutions, inc. is Existing or more than 2 years old

PREFORM SOLUTIONS, INC.

Date Approved

04/03/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

PREFORM SOLUTIONS, INC.

Borrower Address

3801 n 4th ave

Borrower City

SIOUX FALLS

Borrower State

SD

Borrower Zip

57104-0655

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

521500.00

Current Approval Amount

524600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52722

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

2280 45th St South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58104-8785

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SIOUX FALLS

Project County Name

MINNEHAHA

Project State

SD

Project Zip

57104-0655

CD

SD-

Jobs Reported

30

NAICS Code

424610

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

524600.00

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

Corporation

Originating Lender Location Id

52722

Originating Lender

Cornerstone Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

528694.79

Forgiveness Date

01/20/2021

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