PPP Loan information for Frederickson tire company inc

$305,500

Frederickson tire company inc was initially approved for PPP Loan of amount $305,500, the current approved amount is $305,500. The loan was approved on 04/08/2020 by The First Metro Bank reported 42 jobs and $305,500 was used to fund payroll.

Frederickson tire company inc is Existing or more than 2 years old

PPP Loan Search / AL / SHEFFIELD / Frederickson tire company inc

FREDERICKSON TIRE COMPANY INC

Date Approved

04/08/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

FREDERICKSON TIRE COMPANY INC

Borrower Address

601 S MONTGOMERY AVE

Borrower City

SHEFFIELD

Borrower State

AL

Borrower Zip

35660-3809

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

305500.00

Current Approval Amount

305500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112619

Servicing Lender Name

First Metro Bank

Servicing Lender Address

406 W Avalon Ave

Servicing Lender City

MUSCLE SHOALS

Servicing Lender State

AL

Servicing Lender Zip

35661-2808

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SHEFFIELD

Project County Name

COLBERT

Project State

AL

Project Zip

35660-3809

CD

AL-04

Jobs Reported

42

NAICS Code

811111

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

30550.00

Payroll Proceed

229125.00

Mortgage Interest Proceed

45825.00

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

112619

Originating Lender

First Metro Bank

Originating Lender City

MUSCLE SHOALS

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

307392.40

Forgiveness Date

11/25/2020

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