PPP Loan information for Preston industries inc.

$1,817,154

Preston industries inc. was initially approved for PPP Loan of amount $1,817,154, the current approved amount is $1,817,154. The loan was approved on 01/20/2021 by The Wintrust Bank, National Association reported 159 jobs and $1,817,154 was used to fund payroll.

Preston industries inc. is Existing or more than 2 years old

PPP Loan Search / IL / Niles / Preston industries inc.

PRESTON INDUSTRIES INC.

Date Approved

01/20/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

PRESTON INDUSTRIES INC.

Borrower Address

6600 W Touhy Ave

Borrower City

Niles

Borrower State

IL

Borrower Zip

60714-4516

Loan Status Date

05/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1817154.00

Current Approval Amount

1817154.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119179

Servicing Lender Name

Wintrust Bank, National Association

Servicing Lender Address

231 S LaSalle St, 13th Fl

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60604-1471

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Niles

Project County Name

COOK

Project State

IL

Project Zip

60714-4516

CD

IL-09

Jobs Reported

159

NAICS Code

334513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1817154.00

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

Corporation

Originating Lender Location Id

119179

Originating Lender

Wintrust Bank, National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1839161.75

Forgiveness Date

04/14/2022

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