PPP Loan information for Strang tire company

$25,000

Strang tire company was initially approved for PPP Loan of amount $25,000, the current approved amount is $25,000. The loan was approved on 04/06/2020 by The Community Bank of Oelwein reported 4 jobs and $25,000 was used to fund payroll.

Strang tire company is Existing or more than 2 years old

PPP Loan Search / IA / OELWEIN / Strang tire company

STRANG TIRE COMPANY

Date Approved

04/06/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

STRANG TIRE COMPANY

Borrower Address

200 South Frederick

Borrower City

OELWEIN

Borrower State

IA

Borrower Zip

50662-2401

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

25000.00

Current Approval Amount

25000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123159

Servicing Lender Name

Community Bank of Oelwein

Servicing Lender Address

150 1st St SE

Servicing Lender City

OELWEIN

Servicing Lender State

IA

Servicing Lender Zip

50662-2309

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OELWEIN

Project County Name

FAYETTE

Project State

IA

Project Zip

50662-2401

CD

IA-02

Jobs Reported

4

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

25000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

123159

Originating Lender

Community Bank of Oelwein

Originating Lender City

OELWEIN

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

25141.67

Forgiveness Date

11/05/2020

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