# PPP loan: PRESTON RK AUTO INC
> **$425K** approved 04/08/2020 · Paid in Full · Loan `8297107007`
## Borrower
- **Name:** PRESTON RK AUTO INC
- **Address:** 3510 Wilmington Rd, NEW CASTLE, PA, 16105-5510
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $425K
- **Initial approval:** $425K
- **Forgiven:** $429K (101%)
- **Forgiveness date:** 02/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $425K
- **Jobs reported:** 32
## Lender
- **Originating:** Toyota Financial Savings Bank
- **Servicing:** Toyota Financial Savings Bank (NV)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*