PPP Loan information for Downey tire service, l.c.

$221,200

Downey tire service, l.c. was initially approved for PPP Loan of amount $221,200, the current approved amount is $221,200. The loan was approved on 04/03/2020 by The TruBank reported 19 jobs and $221,200 was used to fund payroll.

Downey tire service, l.c. is Existing or more than 2 years old

DOWNEY TIRE SERVICE, L.C.

Date Approved

04/03/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

DOWNEY TIRE SERVICE, L.C.

Borrower Address

103 W 2ND AVE

Borrower City

INDIANOLA

Borrower State

IA

Borrower Zip

50125-2521

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

221200.00

Current Approval Amount

221200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25206

Servicing Lender Name

TruBank

Servicing Lender Address

1401 N Jefferson

Servicing Lender City

INDIANOLA

Servicing Lender State

IA

Servicing Lender Zip

50125-1463

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

INDIANOLA

Project County Name

WARREN

Project State

IA

Project Zip

50125-2521

CD

IA-01

Jobs Reported

19

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

40200.00

Payroll Proceed

177000.00

Mortgage Interest Proceed

4000.00

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

25206

Originating Lender

TruBank

Originating Lender City

INDIANOLA

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

223264.53

Forgiveness Date

03/08/2021

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