As part of the Paycheck Protection Program PRESTON MOTORS INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

PRESTON MOTORS INC


Loan Amount	$861,844
BusinessName	PRESTON MOTORS INC
Address	1502 Wilmington Rd
City	NEW CASTLE
State	PA
Zip	16105
NAICSCode	441110
BusinessType	Subchapter S Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	56
DateApproved	04/08/2020
Lender	Toyota Financial Savings Bank
CD	PA-16
BusinessName.clean	PRESTON MOTORS

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

ARVCO CONTAINER
PRESTON PIPELINES
PRESTON REFRIGERATION COMPANY
PRESTONE PRESS
PRESTONWOOD CHRISTIAN ACADEMY