PPP Loan information for Alma tire service inc

$720,500

Alma tire service inc was initially approved for PPP Loan of amount $720,500, the current approved amount is $720,500. The loan was approved on 04/08/2020 by The Commercial Bank reported 67 jobs and $720,500 was used to fund payroll.

Alma tire service inc is Existing or more than 2 years old

PPP Loan Search / MI / ALMA / Alma tire service inc

ALMA TIRE SERVICE INC

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ALMA TIRE SERVICE INC

Borrower Address

1210 E SUPERIOR ST

Borrower City

ALMA

Borrower State

MI

Borrower Zip

48801-2658

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

720500.00

Current Approval Amount

720500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33538

Servicing Lender Name

Commercial Bank

Servicing Lender Address

301 N State St

Servicing Lender City

ALMA

Servicing Lender State

MI

Servicing Lender Zip

48801-1634

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALMA

Project County Name

GRATIOT

Project State

MI

Project Zip

48801-2658

CD

MI-02

Jobs Reported

67

NAICS Code

441320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

20000.00

Payroll Proceed

626500.00

Mortgage Interest Proceed

0.00

Rent Proceed

74000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

33538

Originating Lender

Commercial Bank

Originating Lender City

ALMA

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

726145.56

Forgiveness Date

01/28/2021

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