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Preston Industries,inc.

$2,223,350 PPP Loan in Niles, Illinois

Loan Details

Loan Number
6489087009
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$2,223,350
Current Approval
$2,223,350
Forgiveness Amount
$2,249,166
Forgiveness Date
Jun 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Preston Industries,inc.
Address
6600 W Touhy
City
Niles
State
Illinois
ZIP Code
60714
Business Type
Corporation
Industry (NAICS)
Manufacturing (334519)
Business Age
Existing or more than 2 years old
Jobs Reported
174
Estimated Revenue
$45.6M
Rural/Urban
Urban
Congressional District
IL-09

Loan Use Breakdown

Payroll
$1,667,513
Rent
$277,919
Utilities
$277,919

Lender Information

Servicing Lender
Wintrust Bank, National Association
Originating Lender
Wintrust Bank, National Association

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