# PPP loan: GUSTAVO PRESTON COMPANY INC.
> **$1.07M** approved 02/04/2021 · Paid in Full · Loan `3190458403`
## Borrower
- **Name:** GUSTAVO PRESTON COMPANY INC.
- **Address:** 23 Industrial Ave, Chelmsford, MA, 01824-3611
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.07M
- **Initial approval:** $1.07M
- **Forgiven:** $1.08M (101%)
- **Forgiveness date:** 09/10/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.07M
- **Utilities:** $1
- **Jobs reported:** 63
## Lender
- **Originating:** The Lowell Five Cent Savings Bank
- **Servicing:** The Lowell Five Cent Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*