PPP Loan information for Black's tire company, llc

$42,285

Black's tire company, llc was initially approved for PPP Loan of amount $42,285, the current approved amount is $42,285. The loan was approved on 04/09/2020 by The South Ottumwa Savings Bank reported 7 jobs and $42,285 was used to fund payroll.

Black's tire company, llc is Existing or more than 2 years old

BLACK'S TIRE COMPANY, LLC

Date Approved

04/09/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

BLACK'S TIRE COMPANY, LLC

Borrower Address

517 W MAIN ST

Borrower City

OTTUMWA

Borrower State

IA

Borrower Zip

52501-2390

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42285.00

Current Approval Amount

42285.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25361

Servicing Lender Name

South Ottumwa Savings Bank

Servicing Lender Address

320 Church St

Servicing Lender City

OTTUMWA

Servicing Lender State

IA

Servicing Lender Zip

52501-4211

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

OTTUMWA

Project County Name

WAPELLO

Project State

IA

Project Zip

52501-2390

CD

IA-03

Jobs Reported

7

NAICS Code

441320

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

42285.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

25361

Originating Lender

South Ottumwa Savings Bank

Originating Lender City

OTTUMWA

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

42595.09

Forgiveness Date

01/07/2021

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