Preston Pipelines Inc.
$10,000,000 PPP Loan in Milpitas, California
Loan Details
- Loan Number
- 9018257107
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $10,000,000
- Current Approval
- $10,000,000
- Forgiveness Amount
- $10,120,833
- Forgiveness Date
- Jul 1, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Preston Pipelines Inc.
- Address
- 133 Bothelo Ave
- City
- Milpitas
- State
- California
- ZIP Code
- 95035-5325
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (237110)
- Business Age
- New Business or 2 years or less
- Jobs Reported
- 294
- Estimated Revenue
- $91.1M
- Rural/Urban
- Urban
- Congressional District
- CA-17
Loan Use Breakdown
- Payroll
- $8,317,200
- Mortgage Interest
- $1,682,800
Lender Information
- Servicing Lender
- Comerica Bank
- Originating Lender
- Comerica Bank
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