Preferred Automotive INC

$83,198 PPP Loan in Glen Burnie, Maryland

Loan Details

Loan Number
3017938303
Date Approved
Jan 21, 2021
Loan Status
Paid in Full
Initial Approval
$83,198
Current Approval
$83,198
Forgiveness Amount
$83,767
Forgiveness Date
Oct 6, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Preferred Automotive INC
Address
7448 E Furnace Branch Rd
ZIP Code
21060-7284
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (811191)
Business Age
Existing or more than 2 years old
Jobs Reported
9
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MD-03

Loan Use Breakdown

Payroll
$83,193
Utilities
$1

Lender Information

Servicing Lender
Orrstown Bank
Originating Lender
Orrstown Bank

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