PPP Loan information for Presto painting and construction company

$106,250

Presto painting and construction company was initially approved for PPP Loan of amount $106,250, the current approved amount is $106,250. The loan was approved on 08/08/2020 by The Eastern Bank reported 12 jobs and $106,250 was used to fund payroll.

Presto painting and construction company is Existing or more than 2 years old

PRESTO PAINTING AND CONSTRUCTION COMPANY

Date Approved

08/08/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

PRESTO PAINTING AND CONSTRUCTION COMPANY

Borrower Address

8 YORKSHIRE RD

Borrower City

MARBLEHEAD

Borrower State

MA

Borrower Zip

01945-1028

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

106250.00

Current Approval Amount

106250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARBLEHEAD

Project County Name

ESSEX

Project State

MA

Project Zip

01945-1028

CD

MA-06

Jobs Reported

12

NAICS Code

238320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

106250.00

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

107123.61

Forgiveness Date

06/04/2021

;