Rendering takes several minutes to render six seconds
I'm having an issue with the latest version of Premiere Pro (v13.1). I am trying to watch a 6-second video but the video does not play in the program panel. When I try rendering in to out it takes a little longer than 3 minutes to render. After rending, I can view the video normally. This is my first time using Premiere pro in a long time but I have not had this issue in the past on this pc. I tried installing it on my laptop and added the same video in sequence and it works like it's supposed to. I can scrub normally and render in to out takes a couple of seconds. I tried reinstalling the current version of Premiere Pro on my desktop but I still have the same issues. Both my laptop and desktop have the default settings for Premiere and I did not change anything after reinstalling fresh on both devices. In task manager, Premier uses only 10% of my CPU and under GPU I see that it jumps between 0-10% GPU usage with the used GPU Engine column saying that it's not using any Pu except occasionally for decoding but only for half a second here and there. I'm not sure if that information helps for I am using Mercury CUDA as my Playback Engine. Again the default settings. Also, both devices use SSDs.
Desktop specs:
Intel i7 8th gen
32gb ram
RTX 2070
GTX 1070
Laptop Specs:
Intel i7 9th gen
16gb ram
GTX 1660ti