PPP Loan information for Albion tire city, inc.

$199,000

Albion tire city, inc. was initially approved for PPP Loan of amount $203,000, the current approved amount is $199,000. The loan was approved on 04/13/2020 by The Homestead Savings Bank reported 27 jobs and $199,000 was used to fund payroll.

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

PPP Loan Search / MI / ALBION / Albion tire city, inc.

ALBION TIRE CITY, INC.

Date Approved

04/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ALBION TIRE CITY, INC.

Borrower Address

1519 North Eaton Street

Borrower City

ALBION

Borrower State

MI

Borrower Zip

49224-8415

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

203000.00

Current Approval Amount

199000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79922

Servicing Lender Name

Homestead Savings Bank

Servicing Lender Address

415 S Superior St

Servicing Lender City

ALBION

Servicing Lender State

MI

Servicing Lender Zip

49224-2174

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ALBION

Project County Name

CALHOUN

Project State

MI

Project Zip

49224-8415

CD

MI-05

Jobs Reported

27

NAICS Code

441320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

199000.00

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

79922

Originating Lender

Homestead Savings Bank

Originating Lender City

ALBION

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

190020.08

Forgiveness Date

11/09/2020

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