PPP Loan information for Preston management group inc.

$531,613

Preston management group inc. was initially approved for PPP Loan of amount $531,613, the current approved amount is $531,613. The loan was approved on 04/10/2020 by The Fulton Bank, National Association reported 36 jobs and $531,613 was used to fund payroll.

Preston management group inc. is Existing or more than 2 years old

PPP Loan Search / MD / Preston / Preston management group inc.

PRESTON MANAGEMENT GROUP INC.

Date Approved

04/10/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

PRESTON MANAGEMENT GROUP INC.

Borrower Address

218 S Main St

Borrower City

Preston

Borrower State

MD

Borrower Zip

21655

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

531612.50

Current Approval Amount

531612.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Preston

Project County Name

CAROLINE

Project State

MD

Project Zip

21655-0001

CD

MD-01

Jobs Reported

36

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

66451.56

Payroll Proceed

398709.38

Mortgage Interest Proceed

0.00

Rent Proceed

66451.56

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

537740.81

Forgiveness Date

06/11/2021

;