PPP Loan information for Lane's tire and muffler service, inc

$33,900

Lane's tire and muffler service, inc was initially approved for PPP Loan of amount $33,900, the current approved amount is $33,900. The loan was approved on 04/05/2020 by The Merchants & Farmers Bank of Greene County reported 4 jobs and $33,900 was used to fund payroll.

Lane's tire and muffler service, inc is Existing or more than 2 years old

PPP Loan Search / AL / LINDEN / Lane's tire and muffler service, inc

LANE'S TIRE AND MUFFLER SERVICE, INC

Date Approved

04/05/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

LANE'S TIRE AND MUFFLER SERVICE, INC

Borrower Address

1118 South Main Street

Borrower City

LINDEN

Borrower State

AL

Borrower Zip

36748-3123

Loan Status Date

06/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

33900.00

Current Approval Amount

33900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

1972

Servicing Lender Name

Merchants & Farmers Bank of Greene County

Servicing Lender Address

302 Prairie Ave

Servicing Lender City

EUTAW

Servicing Lender State

AL

Servicing Lender Zip

35462-5112

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LINDEN

Project County Name

MARENGO

Project State

AL

Project Zip

36748-3123

CD

AL-07

Jobs Reported

4

NAICS Code

441320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

770.20

Payroll Proceed

27129.80

Mortgage Interest Proceed

0.00

Rent Proceed

6000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

1972

Originating Lender

Merchants & Farmers Bank of Greene County

Originating Lender City

EUTAW

Originating Lender State

AL

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

34272.90

Forgiveness Date

05/12/2021

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