PPP Loan information for Economy tire & service

$23,860

Economy tire & service was initially approved for PPP Loan of amount $23,860, the current approved amount is $23,860. The loan was approved on 02/02/2021 by The Bank of America, National Association reported 3 jobs and $23,860 was used to fund payroll.

Economy tire & service is Existing or more than 2 years old

ECONOMY TIRE & SERVICE

Date Approved

02/02/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

ECONOMY TIRE & SERVICE

Borrower Address

400 Edgewood Rd

Borrower City

Edgewood

Borrower State

MD

Borrower Zip

21040-3311

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

23860.00

Current Approval Amount

23860.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Edgewood

Project County Name

HARFORD

Project State

MD

Project Zip

21040-3311

CD

MD-01

Jobs Reported

3

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

23858.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

24018.85

Forgiveness Date

10/06/2021

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