PPP Loan information for Binion tire company, inc.

$59,187

Binion tire company, inc. was initially approved for PPP Loan of amount $59,187, the current approved amount is $59,187. The loan was approved on 04/15/2020 by The United Bank reported 7 jobs and $59,187 was used to fund payroll.

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

BINION TIRE COMPANY, INC.

Date Approved

04/15/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

BINION TIRE COMPANY, INC.

Borrower Address

26 SPENCE AVENUE

Borrower City

NEWNAN

Borrower State

GA

Borrower Zip

30263-2642

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

59187.00

Current Approval Amount

59187.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19839

Servicing Lender Name

United Bank

Servicing Lender Address

420 Griffin St

Servicing Lender City

ZEBULON

Servicing Lender State

GA

Servicing Lender Zip

30295-6687

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NEWNAN

Project County Name

COWETA

Project State

GA

Project Zip

30263-2642

CD

GA-03

Jobs Reported

7

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6000.00

Payroll Proceed

47187.00

Mortgage Interest Proceed

6000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

19839

Originating Lender

United Bank

Originating Lender City

ZEBULON

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

58668.66

Forgiveness Date

02/19/2021

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