Preferred Automotive Group, Inc.

$781,800 PPP Loan in Fort Wayne, Indiana

Loan Details

Loan Number
5234247002
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$781,800
Current Approval
$781,800
Forgiveness Amount
$787,251
Forgiveness Date
Dec 23, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Preferred Automotive Group, Inc.
Address
9134 Lima Rd
State
Indiana
ZIP Code
46818-1804
Business Type
Corporation
Industry (NAICS)
Retail Trade (441120)
Business Age
Existing or more than 2 years old
Jobs Reported
70
Estimated Revenue
$17.6M
Rural/Urban
Urban
Congressional District
IN-03

Loan Use Breakdown

Payroll
$781,800

Lender Information

Servicing Lender
Lake City Bank
Originating Lender
Lake City Bank

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