PPP Loan information for Otto kihm tire co.

$135,000

Otto kihm tire co. was initially approved for PPP Loan of amount $135,000, the current approved amount is $135,000. The loan was approved on 04/29/2020 by The 1st Source Bank reported 9 jobs and $135,000 was used to fund payroll.

Otto kihm tire co. is Existing or more than 2 years old

OTTO KIHM TIRE CO.

Date Approved

04/29/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

OTTO KIHM TIRE CO.

Borrower Address

425 E Vine St

Borrower City

Kalamazoo

Borrower State

MI

Borrower Zip

49001

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

135000.00

Current Approval Amount

135000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24195

Servicing Lender Name

1st Source Bank

Servicing Lender Address

100 N Michigan St

Servicing Lender City

SOUTH BEND

Servicing Lender State

IN

Servicing Lender Zip

46601-1630

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Kalamazoo

Project County Name

KALAMAZOO

Project State

MI

Project Zip

49001-0100

CD

MI-04

Jobs Reported

9

NAICS Code

441320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

135000.00

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

24195

Originating Lender

1st Source Bank

Originating Lender City

SOUTH BEND

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

136848.75

Forgiveness Date

09/14/2021

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