PPP Loan information for 1st tire and wheel, inc

$465,104

1st tire and wheel, inc was initially approved for PPP Loan of amount $465,104, the current approved amount is $465,104. The loan was approved on 04/28/2020 by The Sturgis Bank & Trust Company reported 39 jobs and $465,104 was used to fund payroll.

1st tire and wheel, inc is Existing or more than 2 years old

1ST TIRE AND WHEEL, INC

Date Approved

04/28/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

1ST TIRE AND WHEEL, INC

Borrower Address

2101 SOUTHERN EXPY

Borrower City

CAPE GIRARDEAU

Borrower State

MO

Borrower Zip

63703-7636

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

465104.00

Current Approval Amount

465104.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79717

Servicing Lender Name

Sturgis Bank & Trust Company

Servicing Lender Address

113-125 E Chicago Rd

Servicing Lender City

STURGIS

Servicing Lender State

MI

Servicing Lender Zip

49091-1754

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CAPE GIRARDEAU

Project County Name

CAPE GIRARDEAU

Project State

MO

Project Zip

63703-7636

CD

MO-08

Jobs Reported

39

NAICS Code

423140

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5000.00

Payroll Proceed

384104.00

Mortgage Interest Proceed

0.00

Rent Proceed

36000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

40000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

79717

Originating Lender

Sturgis Bank & Trust Company

Originating Lender City

STURGIS

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

470264.74

Forgiveness Date

06/11/2021

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