# PPP loan: PRESTON READY MIX CORPORATION
> **$249K** approved 04/11/2020 · Paid in Full · Loan `3155147108`
## Borrower
- **Name:** PRESTON READY MIX CORPORATION
- **Address:** 46794 Hwy 64, PRESTON, IA, 52069
- **NAICS:** 238110
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $249K
- **Initial approval:** $249K
- **Forgiven:** $251K (101%)
- **Forgiveness date:** 12/08/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $249K
- **Jobs reported:** 27
## Lender
- **Originating:** First Trust and Savings Bank
- **Servicing:** First Trust and Savings Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*