PPP Loan information for Mountain tire corp

$150,000

Mountain tire corp was initially approved for PPP Loan of amount $150,000, the current approved amount is $150,000. The loan was approved on 04/08/2020 by The Northway Bank reported 16 jobs and $150,000 was used to fund payroll.

Mountain tire corp is Existing or more than 2 years old

MOUNTAIN TIRE CORP

Date Approved

04/08/2020

SBA Office Code

0189

Processing Method

PPP

Borrower Name

MOUNTAIN TIRE CORP

Borrower Address

15 INDUSTRIAL PARK DR

Borrower City

BERLIN

Borrower State

NH

Borrower Zip

03570-3555

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

150000.00

Current Approval Amount

150000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

42825

Servicing Lender Name

Northway Bank

Servicing Lender Address

9 Main St

Servicing Lender City

BERLIN

Servicing Lender State

NH

Servicing Lender Zip

03570-2414

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BERLIN

Project County Name

COOS

Project State

NH

Project Zip

03570-3555

CD

NH-02

Jobs Reported

16

NAICS Code

811198

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

17000.00

Payroll Proceed

125277.00

Mortgage Interest Proceed

1985.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

5738.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

42825

Originating Lender

Northway Bank

Originating Lender City

BERLIN

Originating Lender State

NH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

150933.33

Forgiveness Date

11/27/2020

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