PPP Loan information for Capital tire, inc.

$2,392,500

Capital tire, inc. was initially approved for PPP Loan of amount $2,392,500, the current approved amount is $2,392,500. The loan was approved on 04/04/2020 by The Waterford Bank, National Association reported 224 jobs and $2,392,500 was used to fund payroll.

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

PPP Loan Search / OH / TOLEDO / Capital tire, inc.

CAPITAL TIRE, INC.

Date Approved

04/04/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

CAPITAL TIRE, INC.

Borrower Address

1001 CHERRY ST

Borrower City

TOLEDO

Borrower State

OH

Borrower Zip

43608-2901

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2392500.00

Current Approval Amount

2392500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

449988

Servicing Lender Name

Waterford Bank, National Association

Servicing Lender Address

3900 N McCord Rd

Servicing Lender City

TOLEDO

Servicing Lender State

OH

Servicing Lender Zip

43617-1049

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

TOLEDO

Project County Name

LUCAS

Project State

OH

Project Zip

43608-2901

CD

OH-09

Jobs Reported

224

NAICS Code

441320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

57500.00

Payroll Proceed

1700000.00

Mortgage Interest Proceed

0.00

Rent Proceed

260000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

280000.00

Debt Interest Proceed

95000

Business Type

Subchapter S Corporation

Originating Lender Location Id

449988

Originating Lender

Waterford Bank, National Association

Originating Lender City

TOLEDO

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2417288.96

Forgiveness Date

04/23/2021

;