PPP Loan information for Discount tire and service inc.

$151,700

Discount tire and service inc. was initially approved for PPP Loan of amount $151,700, the current approved amount is $151,700. The loan was approved on 04/11/2020 by The CIBC Bank USA reported 12 jobs and $151,700 was used to fund payroll.

Discount tire and service inc. is Existing or more than 2 years old

DISCOUNT TIRE AND SERVICE INC.

Date Approved

04/11/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

DISCOUNT TIRE AND SERVICE INC.

Borrower Address

430 S 2ND ST

Borrower City

SAINT CHARLES

Borrower State

IL

Borrower Zip

60174-2819

Loan Status Date

04/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

151700.00

Current Approval Amount

151700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116998

Servicing Lender Name

CIBC Bank USA

Servicing Lender Address

120 S LaSalle St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-3403

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT CHARLES

Project County Name

KANE

Project State

IL

Project Zip

60174-2819

CD

IL-11

Jobs Reported

12

NAICS Code

811198

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

151700.00

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

Corporation

Originating Lender Location Id

116998

Originating Lender

CIBC Bank USA

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

153100.63

Forgiveness Date

03/19/2021

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