# PPP loan: PRESTON CINEMA SYSTEMS INCORPORATED
> **$440K** approved 04/08/2020 · Paid in Full · Loan `8349687009`
## Borrower
- **Name:** PRESTON CINEMA SYSTEMS INCORPORATED
- **Address:** 1659 11TH ST SUITE 100, SANTA MONICA, CA, 90404-3707
- **NAICS:** 333316
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $440K
- **Initial approval:** $440K
- **Forgiven:** $445K (101%)
- **Forgiveness date:** 05/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Utilities:** $396K
- **Health care:** $44K
- **Jobs reported:** 22
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*