Preston Motors INC

$861,844 PPP Loan in New Castle, Pennsylvania

Loan Details

Loan Number
8150317006
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$861,844
Current Approval
$861,844
Forgiveness Amount
$869,265
Forgiveness Date
Feb 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Preston Motors INC
Address
1502 Wilmington Rd
ZIP Code
16105-2052
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Toyota Motors Sales, U.s.a., Inc. - Dealer Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
56
Estimated Revenue
$14.1M
Rural/Urban
Rural
Congressional District
PA-16

Loan Use Breakdown

Payroll
$861,844

Lender Information

Servicing Lender
Toyota Financial Savings Bank
Originating Lender
Toyota Financial Savings Bank

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