Preferred Electric Inc.

$1,057,158 PPP Loan in Jeanerette, Louisiana

Loan Details

Loan Number
3304848303
Date Approved
Jan 21, 2021
Loan Status
Paid in Full
Initial Approval
$1,057,158
Current Approval
$1,057,158
Forgiveness Amount
$1,066,773
Forgiveness Date
Dec 28, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Preferred Electric Inc.
Address
4712 E Old Spanish Trl
ZIP Code
70544-6016
Business Type
Corporation
Industry (NAICS)
Utilities (221122)
Business Age
Existing or more than 2 years old
Jobs Reported
80
Estimated Revenue
N/A
Rural/Urban
Urban
Congressional District
LA-03

Loan Use Breakdown

Payroll
$1,057,158

Lender Information

Servicing Lender
Loan Source Incorporated
Originating Lender
Cadence Bank

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