PPP Loan information for Forrest brothers tire company, inc.

$1,945,600

Forrest brothers tire company, inc. was initially approved for PPP Loan of amount $1,945,600, the current approved amount is $1,945,600. The loan was approved on 04/04/2020 by The SouthWest Bank reported 141 jobs and $1,945,600 was used to fund payroll.

Forrest brothers tire company, inc. is Existing or more than 2 years old

PPP Loan Search / TX / ODESSA / Forrest brothers tire company, inc.

FORREST BROTHERS TIRE COMPANY, INC.

Date Approved

04/04/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

FORREST BROTHERS TIRE COMPANY, INC.

Borrower Address

2525 8TH ST

Borrower City

ODESSA

Borrower State

TX

Borrower Zip

79761-4903

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1945600.00

Current Approval Amount

1945600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72181

Servicing Lender Name

SouthWest Bank

Servicing Lender Address

4800 E 42nd St

Servicing Lender City

ODESSA

Servicing Lender State

TX

Servicing Lender Zip

79762-7214

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ODESSA

Project County Name

ECTOR

Project State

TX

Project Zip

79761-4903

CD

TX-11

Jobs Reported

141

NAICS Code

441320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1945600.00

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

72181

Originating Lender

SouthWest Bank

Originating Lender City

ODESSA

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1968406.76

Forgiveness Date

06/11/2021

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