PPP Loan information for Montrose tire & brake

$48,200

Montrose tire & brake was initially approved for PPP Loan of amount $48,200, the current approved amount is $48,200. The loan was approved on 04/03/2020 by The Timberline Bank reported 7 jobs and $48,200 was used to fund payroll.

Montrose tire & brake is Existing or more than 2 years old

MONTROSE TIRE & BRAKE

Date Approved

04/03/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

MONTROSE TIRE & BRAKE

Borrower Address

2135 E Main Street

Borrower City

MONTROSE

Borrower State

CO

Borrower Zip

81401-3833

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

48200.00

Current Approval Amount

48200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

426411

Servicing Lender Name

Timberline Bank

Servicing Lender Address

649 Market Street

Servicing Lender City

GRAND JUNCTION

Servicing Lender State

CO

Servicing Lender Zip

81505

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MONTROSE

Project County Name

MONTROSE

Project State

CO

Project Zip

81401-3833

CD

CO-03

Jobs Reported

7

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6025.00

Payroll Proceed

36150.00

Mortgage Interest Proceed

6025.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

426411

Originating Lender

Timberline Bank

Originating Lender City

GRAND JUNCTION

Originating Lender State

CO

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

41471.23

Forgiveness Date

12/02/2020

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