PPP Loan information for Presto enterprises inc.

$304,688

Presto enterprises inc. was initially approved for PPP Loan of amount $304,688, the current approved amount is $304,688. The loan was approved on 04/22/2021 by The Loan Source Incorporated reported 16 jobs and $304,688 was used to fund payroll.

Presto enterprises inc. is Existing or more than 2 years old

PRESTO ENTERPRISES INC.

Date Approved

04/22/2021

SBA Office Code

0299

Processing Method

PPP

Borrower Name

PRESTO ENTERPRISES INC.

Borrower Address

1812 Front St

Borrower City

Scotch Plains

Borrower State

NJ

Borrower Zip

07076-1103

Loan Status Date

05/25/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

304687.50

Current Approval Amount

304687.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Scotch Plains

Project County Name

UNION

Project State

NJ

Project Zip

07076-1103

CD

NJ-07

Jobs Reported

16

NAICS Code

541219

Race

Black or African American

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

304687.50

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

124336

Originating Lender

Blue Ridge Bank, National Association

Originating Lender City

MARTINSVILLE

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

307675.94

Forgiveness Date

04/18/2022

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