PPP Loan information for Tire wholesalers company

$1,600,000

Tire wholesalers company was initially approved for PPP Loan of amount $1,600,000, the current approved amount is $1,600,000. The loan was approved on 04/09/2020 by The JPMorgan Chase Bank, National Association reported 136 jobs and $1,600,000 was used to fund payroll.

Tire wholesalers company is Existing or more than 2 years old

TIRE WHOLESALERS COMPANY

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

TIRE WHOLESALERS COMPANY

Borrower Address

1783 E 14 Mile Road 0.0

Borrower City

Troy

Borrower State

MI

Borrower Zip

48083-4617

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1600000.00

Current Approval Amount

1600000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Troy

Project County Name

OAKLAND

Project State

MI

Project Zip

48083-4617

CD

MI-11

Jobs Reported

136

NAICS Code

423130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

46000.00

Payroll Proceed

1160000.00

Mortgage Interest Proceed

0.00

Rent Proceed

262000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

132000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1619687.11

Forgiveness Date

07/07/2021

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