PPP Loan information for Garland tire co. inc.

$42,500

Garland tire co. inc. was initially approved for PPP Loan of amount $42,500, the current approved amount is $42,500. The loan was approved on 04/07/2020 by The Mountain Commerce Bank reported 7 jobs and $42,500 was used to fund payroll.

Garland tire co. inc. is Existing or more than 2 years old

PPP Loan Search / TN / ERWIN / Garland tire co. inc.

GARLAND TIRE CO. INC.

Date Approved

04/07/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

GARLAND TIRE CO. INC.

Borrower Address

1212 N. Main Ave.

Borrower City

ERWIN

Borrower State

TN

Borrower Zip

37650-9122

Loan Status Date

03/11/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42500.00

Current Approval Amount

42500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66985

Servicing Lender Name

Mountain Commerce Bank

Servicing Lender Address

6101 Kingston Pk

Servicing Lender City

KNOXVILLE

Servicing Lender State

TN

Servicing Lender Zip

37919-4020

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ERWIN

Project County Name

UNICOI

Project State

TN

Project Zip

37650-9122

CD

TN-01

Jobs Reported

7

NAICS Code

441320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2656.00

Payroll Proceed

31875.00

Mortgage Interest Proceed

7969.00

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

66985

Originating Lender

Mountain Commerce Bank

Originating Lender City

KNOXVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

42975.76

Forgiveness Date

05/18/2021

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