PPP Loan information for Radial tire company

$178,000

Radial tire company was initially approved for PPP Loan of amount $178,000, the current approved amount is $178,000. The loan was approved on 04/07/2020 by The Atlantic Union Bank reported 18 jobs and $178,000 was used to fund payroll.

Radial tire company is Existing or more than 2 years old

RADIAL TIRE COMPANY

Date Approved

04/07/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

RADIAL TIRE COMPANY

Borrower Address

9101 Brookville Road

Borrower City

SILVER SPRING

Borrower State

MD

Borrower Zip

20910-1809

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

178000.00

Current Approval Amount

178000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SILVER SPRING

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20910-1809

CD

MD-08

Jobs Reported

18

NAICS Code

441320

Race

Black or African American

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

178000.00

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

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

180165.67

Forgiveness Date

07/07/2021

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