PPP Loan information for Teel's quality tire llc

$29,717

Teel's quality tire llc was initially approved for PPP Loan of amount $29,717, the current approved amount is $29,717. The loan was approved on 02/13/2021 by The Farmers and Merchants Bank reported 4 jobs and $29,717 was used to fund payroll.

Teel's quality tire llc is Existing or more than 2 years old

TEEL'S QUALITY TIRE LLC

Date Approved

02/13/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

TEEL'S QUALITY TIRE LLC

Borrower Address

338 9th Ave SW

Borrower City

Lafayette

Borrower State

AL

Borrower Zip

36862-2804

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

29717.12

Current Approval Amount

29717.12

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2074

Servicing Lender Name

Farmers and Merchants Bank

Servicing Lender Address

2 First St North E

Servicing Lender City

LAFAYETTE

Servicing Lender State

AL

Servicing Lender Zip

36862

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lafayette

Project County Name

CHAMBERS

Project State

AL

Project Zip

36862-2804

CD

AL-03

Jobs Reported

4

NAICS Code

441320

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

29715.12

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

2074

Originating Lender

Farmers and Merchants Bank

Originating Lender City

LAFAYETTE

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

29890.47

Forgiveness Date

09/15/2021

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