PPP Loan information for Discount tire and brake no. 2, inc.

$62,500

Discount tire and brake no. 2, inc. was initially approved for PPP Loan of amount $62,500, the current approved amount is $62,500. The loan was approved on 04/10/2020 by The First National Bank reported 6 jobs and $62,500 was used to fund payroll.

Discount tire and brake no. 2, inc. is Existing or more than 2 years old

DISCOUNT TIRE AND BRAKE NO. 2, INC.

Date Approved

04/10/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

DISCOUNT TIRE AND BRAKE NO. 2, INC.

Borrower Address

1201 West Capitol Avenue

Borrower City

North Little Rock

Borrower State

AR

Borrower Zip

72201

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

62500.00

Current Approval Amount

62500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4641

Servicing Lender Name

First National Bank

Servicing Lender Address

200 W Court St

Servicing Lender City

Paragould

Servicing Lender State

AR

Servicing Lender Zip

72450

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

North Little Rock

Project County Name

PULASKI

Project State

AR

Project Zip

72201-1000

CD

AR-02

Jobs Reported

6

NAICS Code

811118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2500.00

Payroll Proceed

50000.00

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

4641

Originating Lender

First National Bank

Originating Lender City

Paragould

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

63138.70

Forgiveness Date

04/29/2021

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