PPP Loan information for Presto distributing, inc. dba prestotech solutions

$1,262,507

Presto distributing, inc. dba prestotech solutions was initially approved for PPP Loan of amount $1,262,507, the current approved amount is $1,262,507. The loan was approved on 04/15/2020 by The JPMorgan Chase Bank, National Association reported 45 jobs and $1,262,507 was used to fund payroll.

Presto distributing, inc. dba prestotech solutions is Existing or more than 2 years old

PPP Loan Search / MI / GRAND RAPIDS / Presto distributing, inc. dba prestotech solutions

PRESTO DISTRIBUTING, INC. DBA PRESTOTECH SOLUTIONS

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PRESTO DISTRIBUTING, INC. DBA PRESTOTECH SOLUTIONS

Borrower Address

4595 BROADMOOR AVE SE STE 200

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49512

Loan Status Date

06/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1262507.00

Current Approval Amount

1262507.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

KENT

Project State

MI

Project Zip

49512-0001

CD

MI-03

Jobs Reported

45

NAICS Code

423430

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

63000.00

Payroll Proceed

1036621.00

Mortgage Interest Proceed

0.00

Rent Proceed

15574.00

Refinance EIDL Proceed

0.00

Health Care Proceed

139200.00

Debt Interest Proceed

8112

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1276219.93

Forgiveness Date

05/21/2021

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