Preferred Office Products, Inc.

$457,400 PPP Loan in Fort Smith, Arkansas

Loan Details

Loan Number
6762387007
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$457,400
Current Approval
$384,900
Forgiveness Amount
$387,389
Forgiveness Date
Dec 10, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Preferred Office Products, Inc.
Address
319 South 9th Street
ZIP Code
72901-3705
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (424120)
Business Age
Existing or more than 2 years old
Jobs Reported
36
Estimated Revenue
$9.3M
Rural/Urban
Urban
Congressional District
AR-03

Loan Use Breakdown

Payroll
$288,675
Rent
$32,075
Utilities
$32,075
Mortgage Interest
$32,075

Lender Information

Servicing Lender
The First National Bank of Fort Smith
Originating Lender
The First National Bank of Fort Smith

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