PPP Loan information for City tire inc

$57,300

City tire inc was initially approved for PPP Loan of amount $57,300, the current approved amount is $57,300. The loan was approved on 04/10/2020 by The Benchmark Community Bank reported 11 jobs and $57,300 was used to fund payroll.

City tire inc is Existing or more than 2 years old

CITY TIRE INC

Date Approved

04/10/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CITY TIRE INC

Borrower Address

523 W ANDREWS AVE

Borrower City

HENDERSON

Borrower State

NC

Borrower Zip

27536-3300

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

57300.00

Current Approval Amount

57300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73481

Servicing Lender Name

Benchmark Community Bank

Servicing Lender Address

204 S Broad St

Servicing Lender City

KENBRIDGE

Servicing Lender State

VA

Servicing Lender Zip

23944

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HENDERSON

Project County Name

VANCE

Project State

NC

Project Zip

27536-3300

CD

NC-01

Jobs Reported

11

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

57300.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

73481

Originating Lender

Benchmark Community Bank

Originating Lender City

KENBRIDGE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

57716.01

Forgiveness Date

01/07/2021

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