Presto Distributing Inc.

$1,262,507 PPP Loan in Grand Rapids, Michigan

Loan Details

Loan Number
9388178307
Date Approved
Jan 30, 2021
Loan Status
Paid in Full
Initial Approval
$1,262,507
Current Approval
$1,262,507
Forgiveness Amount
$1,271,615
Forgiveness Date
Oct 26, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Presto Distributing Inc.
Address
4595 Broadmoor Ave SE Ste 200
ZIP Code
49512-5448
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (424990)
Business Age
Existing or more than 2 years old
Jobs Reported
39
Estimated Revenue
$10.0M
Rural/Urban
Urban
Congressional District
MI-03

Loan Use Breakdown

Payroll
$1,262,504
Utilities
$1

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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