PPP Loan information for Quality discount tire

$161,329

Quality discount tire was initially approved for PPP Loan of amount $161,329, the current approved amount is $161,329. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 15 jobs and $161,329 was used to fund payroll.

Quality discount tire is New Business or 2 years or less

PPP Loan Search / MD / KENSINGTON / Quality discount tire

QUALITY DISCOUNT TIRE

Date Approved

05/01/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

QUALITY DISCOUNT TIRE

Borrower Address

4111 HOWARD AVE

Borrower City

KENSINGTON

Borrower State

MD

Borrower Zip

20895-2417

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

161329.00

Current Approval Amount

161329.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

KENSINGTON

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20895-2417

CD

MD-08

Jobs Reported

15

NAICS Code

441320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

161329.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

162571.01

Forgiveness Date

02/10/2021

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