# PPP loan: GUSTAVO PRESTON COMPANY INC
> **$1.00M** approved 04/06/2020 · Paid in Full · Loan `5804887009`
## Borrower
- **Name:** GUSTAVO PRESTON COMPANY INC
- **Address:** 23 INDUSTRIAL AVE, CHELMSFORD, MA, 01824-3611
- **NAICS:** 423740
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.00M
- **Initial approval:** $1.00M
- **Forgiven:** $1.01M (101%)
- **Forgiveness date:** 05/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.00M
- **Jobs reported:** 58
## Lender
- **Originating:** The Lowell Five Cent Savings Bank
- **Servicing:** The Lowell Five Cent Savings Bank (MA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*