PPP Loan information for Independent tire, inc.

$68,000

Independent tire, inc. was initially approved for PPP Loan of amount $68,000, the current approved amount is $68,000. The loan was approved on 04/07/2020 by The Salem Co-operative Bank reported 5 jobs and $68,000 was used to fund payroll.

Independent tire, inc. is Existing or more than 2 years old

INDEPENDENT TIRE, INC.

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

INDEPENDENT TIRE, INC.

Borrower Address

20 Old Clark RdOLD CLARK RD

Borrower City

NORTH ANDOVER

Borrower State

MA

Borrower Zip

01845-1147

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

68000.00

Current Approval Amount

68000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

78004

Servicing Lender Name

Salem Co-operative Bank

Servicing Lender Address

3 S Broadway

Servicing Lender City

SALEM

Servicing Lender State

NH

Servicing Lender Zip

03079-3005

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTH ANDOVER

Project County Name

ESSEX

Project State

MA

Project Zip

01845-1147

CD

MA-06

Jobs Reported

5

NAICS Code

811111

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

68000.00

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

78004

Originating Lender

Salem Co-operative Bank

Originating Lender City

SALEM

Originating Lender State

NH

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

68387.51

Forgiveness Date

11/12/2020

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