PPP Loan information for Federal tire inc

$135,100

Federal tire inc was initially approved for PPP Loan of amount $135,100, the current approved amount is $135,100. The loan was approved on 04/08/2020 by The Texas Community Bank reported 18 jobs and $135,100 was used to fund payroll.

Federal tire inc is Existing or more than 2 years old

FEDERAL TIRE INC

Date Approved

04/08/2020

SBA Office Code

0681

Processing Method

PPP

Borrower Name

FEDERAL TIRE INC

Borrower Address

1310 N BARTLETT AVE

Borrower City

LAREDO

Borrower State

TX

Borrower Zip

78043-3446

Loan Status Date

04/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

135100.00

Current Approval Amount

135100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71913

Servicing Lender Name

Texas Community Bank

Servicing Lender Address

6721 McPherson Rd

Servicing Lender City

LAREDO

Servicing Lender State

TX

Servicing Lender Zip

78041-6404

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LAREDO

Project County Name

WEBB

Project State

TX

Project Zip

78043-3446

CD

TX-28

Jobs Reported

18

NAICS Code

441320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6903.00

Payroll Proceed

108156.00

Mortgage Interest Proceed

5661.40

Rent Proceed

13900.00

Refinance EIDL Proceed

0.00

Health Care Proceed

479.60

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

71913

Originating Lender

Texas Community Bank

Originating Lender City

LAREDO

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

124592.89

Forgiveness Date

03/08/2021

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