# PPP loan: PRESTON'S RESTAURANT MANAGEMENT, LLC
> **$373K** approved 05/01/2020 · Paid in Full · Loan `1310287705`
## Borrower
- **Name:** PRESTON'S RESTAURANT MANAGEMENT, LLC
- **Address:** 8700 E PINNACLE PEAK RD STE 115, SCOTTSDALE, AZ, 85255
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $373K
- **Initial approval:** $373K
- **Forgiven:** $377K (101%)
- **Forgiveness date:** 08/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $308K
- **Rent:** $56K
- **Utilities:** $9K
- **Jobs reported:** 500
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*