PPP Loan information for Preston engineering & construction, llc

$40,250

Preston engineering & construction, llc was initially approved for PPP Loan of amount $40,250, the current approved amount is $40,250. The loan was approved on 04/10/2020 by The Merit Bank reported 5 jobs and $40,250 was used to fund payroll.

Preston engineering & construction, llc is Existing or more than 2 years old

PRESTON ENGINEERING & CONSTRUCTION, LLC

Date Approved

04/10/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

PRESTON ENGINEERING & CONSTRUCTION, LLC

Borrower Address

5645 US HIGHWAY 72

Borrower City

ATHENS

Borrower State

AL

Borrower Zip

35611-8722

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40250.00

Current Approval Amount

40250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3332

Servicing Lender Name

Merit Bank

Servicing Lender Address

659 Gallatin St SW

Servicing Lender City

HUNTSVILLE

Servicing Lender State

AL

Servicing Lender Zip

35801-4914

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ATHENS

Project County Name

LIMESTONE

Project State

AL

Project Zip

35611-8722

CD

AL-05

Jobs Reported

5

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

40250.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

3332

Originating Lender

Merit Bank

Originating Lender City

HUNTSVILLE

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

40476.22

Forgiveness Date

11/10/2020

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