PPP Loan information for Simmons tire co., inc.

$266,117

Simmons tire co., inc. was initially approved for PPP Loan of amount $266,117, the current approved amount is $266,117. The loan was approved on 04/11/2020 by The First Metro Bank reported 24 jobs and $266,117 was used to fund payroll.

Simmons tire co., inc. is Existing or more than 2 years old

PPP Loan Search / AL / SHEFFIELD / Simmons tire co., inc.

SIMMONS TIRE CO., INC.

Date Approved

04/11/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SIMMONS TIRE CO., INC.

Borrower Address

612 E 2ND ST

Borrower City

SHEFFIELD

Borrower State

AL

Borrower Zip

35660-3218

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

266117.00

Current Approval Amount

266117.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112619

Servicing Lender Name

First Metro Bank

Servicing Lender Address

406 W Avalon Ave

Servicing Lender City

MUSCLE SHOALS

Servicing Lender State

AL

Servicing Lender Zip

35661-2808

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SHEFFIELD

Project County Name

COLBERT

Project State

AL

Project Zip

35660-3218

CD

AL-04

Jobs Reported

24

NAICS Code

441320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

26611.70

Payroll Proceed

199587.75

Mortgage Interest Proceed

39917.55

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

112619

Originating Lender

First Metro Bank

Originating Lender City

MUSCLE SHOALS

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

267691.53

Forgiveness Date

11/17/2020

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