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Preston Equipment Company

$292,000 PPP Loan in Preston, Minnesota

Loan Details

Loan Number
1701578506
Date Approved
Feb 19, 2021
Loan Status
Paid in Full
Initial Approval
$292,000
Current Approval
$292,000
Forgiveness Amount
$293,344
Forgiveness Date
Aug 10, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Preston Equipment Company
Address
21144 US 52
City
Preston
State
Minnesota
ZIP Code
55965-1470
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423820)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
$9.2M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$291,997
Utilities
$1

Lender Information

Servicing Lender
F & M Community Bank, National Association
Originating Lender
F & M Community Bank, National Association

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