# PPP loan: PRESTON AUTO COMPANY INC.
> **$312K** approved 04/08/2020 · Paid in Full · Loan `8540227009`
## Borrower
- **Name:** PRESTON AUTO COMPANY INC.
- **Address:** 7554 Market St, Boardman, OH, 44512
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $312K
- **Initial approval:** $312K
- **Forgiven:** $315K (101%)
- **Forgiveness date:** 02/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $312K
- **Jobs reported:** 25
## Lender
- **Originating:** Toyota Financial Savings Bank
- **Servicing:** Toyota Financial Savings Bank (NV)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*