Preston Management INC

$223,000 PPP Loan in New Castle, Pennsylvania

Loan Details

Loan Number
8119737103
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$223,000
Current Approval
$223,000
Forgiveness Amount
$224,802
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Preston Management INC
Address
1500 Wilmington Road
ZIP Code
16105
Business Type
Subchapter S Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541219)
Business Age
Existing or more than 2 years old
Jobs Reported
17
Estimated Revenue
$5.4M
Rural/Urban
Rural
Congressional District
PA-16

Loan Use Breakdown

Payroll
$149,913
Rent
$6,000
Utilities
$12,000
Health Care
$55,087

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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