PPP Loan information for Pres-on corporation

$709,200

Pres-on corporation was initially approved for PPP Loan of amount $709,200, the current approved amount is $709,200. The loan was approved on 04/14/2020 by The Merchants and Manufacturers Bank reported 70 jobs and $709,200 was used to fund payroll.

Pres-on corporation is Existing or more than 2 years old

PPP Loan Search / IL / BOLINGBROOK / Pres-on corporation

PRES-ON CORPORATION

Date Approved

04/14/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

PRES-ON CORPORATION

Borrower Address

2600 E 107th Street

Borrower City

BOLINGBROOK

Borrower State

IL

Borrower Zip

60440-3196

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

709200.00

Current Approval Amount

709200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21574

Servicing Lender Name

Merchants and Manufacturers Bank

Servicing Lender Address

801 S Briggs St

Servicing Lender City

JOLIET

Servicing Lender State

IL

Servicing Lender Zip

60433-9522

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BOLINGBROOK

Project County Name

WILL

Project State

IL

Project Zip

60440-3196

CD

IL-11

Jobs Reported

70

NAICS Code

325520

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

21200.00

Payroll Proceed

592400.00

Mortgage Interest Proceed

0.00

Rent Proceed

51500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

44100.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

21574

Originating Lender

Merchants and Manufacturers Bank

Originating Lender City

JOLIET

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

713199.10

Forgiveness Date

11/12/2020

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