PPP Loan information for Broken spoke tire & auto center inc

$49,800

Broken spoke tire & auto center inc was initially approved for PPP Loan of amount $49,800, the current approved amount is $49,800. The loan was approved on 04/28/2020 by The First National Bank reported 10 jobs and $49,800 was used to fund payroll.

Broken spoke tire & auto center inc is Existing or more than 2 years old

BROKEN SPOKE TIRE & AUTO CENTER INC

Date Approved

04/28/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

BROKEN SPOKE TIRE & AUTO CENTER INC

Borrower Address

300 Airport Road

Borrower City

Paragould

Borrower State

AR

Borrower Zip

72450-2712

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

49800.00

Current Approval Amount

49800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4641

Servicing Lender Name

First National Bank

Servicing Lender Address

200 W Court St

Servicing Lender City

Paragould

Servicing Lender State

AR

Servicing Lender Zip

72450

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Paragould

Project County Name

GREENE

Project State

AR

Project Zip

72450-2712

CD

AR-01

Jobs Reported

10

NAICS Code

441320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2490.00

Payroll Proceed

37350.00

Mortgage Interest Proceed

0.00

Rent Proceed

9960.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

4641

Originating Lender

First National Bank

Originating Lender City

Paragould

Originating Lender State

AR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

50056.50

Forgiveness Date

11/12/2020

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