Preston Cycles, LLC

$291,000 PPP Loan in Elgin, South Carolina

Loan Details

Loan Number
5737948205
Date Approved
Aug 8, 2020
Loan Status
Paid in Full
Initial Approval
$291,000
Current Approval
$291,000
Forgiveness Amount
$296,901
Forgiveness Date
Aug 29, 2022
Term
60 months
Draw
First Draw

Business Information

Business Name
Preston Cycles, LLC
Address
190 Pontiac Business Center Dr
City
Elgin
ZIP Code
29045-9171
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Retail Trade (441228)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
$7.8M
Rural/Urban
Urban
Congressional District
SC-02

Loan Use Breakdown

Payroll
$291,000

Lender Information

Servicing Lender
Mbe Capital Partners
Originating Lender
Mbe Capital Partners

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