PPP Loan information for R&b tire and auto inc.

$93,500

R&b tire and auto inc. was initially approved for PPP Loan of amount $93,500, the current approved amount is $93,500. The loan was approved on 04/04/2020 by The American State Bank reported 10 jobs and $93,500 was used to fund payroll.

R&b tire and auto inc. is Existing or more than 2 years old

PPP Loan Search / IA / WINTERSET / R&b tire and auto inc.

R&B TIRE AND AUTO INC.

Date Approved

04/04/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

R&B TIRE AND AUTO INC.

Borrower Address

1524 N 1ST ST

Borrower City

WINTERSET

Borrower State

IA

Borrower Zip

50273-2417

Loan Status Date

02/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

93500.00

Current Approval Amount

93500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25350

Servicing Lender Name

American State Bank

Servicing Lender Address

1000 Jeffreys Dr

Servicing Lender City

OSCEOLA

Servicing Lender State

IA

Servicing Lender Zip

50213-9500

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WINTERSET

Project County Name

MADISON

Project State

IA

Project Zip

50273-2417

CD

IA-03

Jobs Reported

10

NAICS Code

811191

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

93500.00

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

25350

Originating Lender

American State Bank

Originating Lender City

OSCEOLA

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

94022.58

Forgiveness Date

11/05/2020

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