PPP Loan information for Waverly tire co.

$171,100

Waverly tire co. was initially approved for PPP Loan of amount $171,100, the current approved amount is $171,100. The loan was approved on 04/04/2020 by The First Bank reported 14 jobs and $171,100 was used to fund payroll.

Waverly tire co. is Existing or more than 2 years old

WAVERLY TIRE CO.

Date Approved

04/04/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

WAVERLY TIRE CO.

Borrower Address

2116 4th St SW

Borrower City

WAVERLY

Borrower State

IA

Borrower Zip

50677-4339

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

171100.00

Current Approval Amount

171100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25557

Servicing Lender Name

First Bank

Servicing Lender Address

316 E Bremer Ave

Servicing Lender City

WAVERLY

Servicing Lender State

IA

Servicing Lender Zip

50677-3532

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WAVERLY

Project County Name

BREMER

Project State

IA

Project Zip

50677-4339

CD

IA-02

Jobs Reported

14

NAICS Code

441320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

171100.00

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

25557

Originating Lender

First Bank

Originating Lender City

WAVERLY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

172060.06

Forgiveness Date

11/03/2020

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