Preferred Electric, Inc.

$1,128,098 PPP Loan in Jeanerette, Louisiana

Loan Details

Loan Number
4102057106
Date Approved
Apr 12, 2020
Loan Status
Paid in Full
Initial Approval
$1,128,098
Current Approval
$1,128,098
Forgiveness Amount
$1,138,846
Forgiveness Date
Apr 1, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Preferred Electric, Inc.
Address
4712 East Old Spanish Trail
ZIP Code
70544
Business Type
Corporation
Industry (NAICS)
Utilities (221122)
Business Age
Existing or more than 2 years old
Jobs Reported
85
Estimated Revenue
N/A
Rural/Urban
Urban
Congressional District
LA-03

Loan Use Breakdown

Payroll
$1,128,098

Lender Information

Servicing Lender
Cadence Bank
Originating Lender
Cadence Bank

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