PPP Loan information for Acheson tire, inc.

$108,493

Acheson tire, inc. was initially approved for PPP Loan of amount $108,493, the current approved amount is $108,493. The loan was approved on 04/05/2020 by The Grand Rapids State Bank reported 9 jobs and $108,493 was used to fund payroll.

Acheson tire, inc. is Existing or more than 2 years old

PPP Loan Search / MN / GRAND RAPIDS / Acheson tire, inc.

ACHESON TIRE, INC.

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ACHESON TIRE, INC.

Borrower Address

203 NE 5TH ST

Borrower City

GRAND RAPIDS

Borrower State

MN

Borrower Zip

55744-2824

Loan Status Date

11/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

108493.00

Current Approval Amount

108493.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38190

Servicing Lender Name

Grand Rapids State Bank

Servicing Lender Address

523 NW 1st Ave

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MN

Servicing Lender Zip

55744-2618

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

ITASCA

Project State

MN

Project Zip

55744-2824

CD

MN-08

Jobs Reported

9

NAICS Code

441320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

108493.00

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

38190

Originating Lender

Grand Rapids State Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

109104.78

Forgiveness Date

11/03/2020

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