PPP Loan information for Preston motors inc

$861,844

Preston motors inc was initially approved for PPP Loan of amount $861,844, the current approved amount is $861,844. The loan was approved on 04/08/2020 by The Toyota Financial Savings Bank reported 56 jobs and $861,844 was used to fund payroll.

Preston motors inc is Existing or more than 2 years old

PPP Loan Search / PA / NEW CASTLE / Preston motors inc

PRESTON MOTORS INC

Date Approved

04/08/2020

SBA Office Code

0358

Processing Method

PPP

Borrower Name

PRESTON MOTORS INC

Borrower Address

1502 Wilmington Rd

Borrower City

NEW CASTLE

Borrower State

PA

Borrower Zip

16105-2052

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

861844.00

Current Approval Amount

861844.00

Undisbursed Amount

0.00

Franchise Name

Toyota Motors Sales, U.S.A., Inc. - Dealer Agreement

Servicing Lender Location Id

387964

Servicing Lender Name

Toyota Financial Savings Bank

Servicing Lender Address

2485 Village View Dr, Ste 200

Servicing Lender City

HENDERSON

Servicing Lender State

NV

Servicing Lender Zip

89074-7133

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW CASTLE

Project County Name

LAWRENCE

Project State

PA

Project Zip

16105-2052

CD

PA-16

Jobs Reported

56

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

861844.00

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

387964

Originating Lender

Toyota Financial Savings Bank

Originating Lender City

HENDERSON

Originating Lender State

NV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

869265.43

Forgiveness Date

02/22/2021

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