PPP Loan information for Forrest tire company inc

$1,911,877

Forrest tire company inc was initially approved for PPP Loan of amount $1,911,877, the current approved amount is $1,911,877. The loan was approved on 02/25/2021 by The HTLF Bank reported 185 jobs and $1,911,877 was used to fund payroll.

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

PPP Loan Search / NM / Carlsbad / Forrest tire company inc

FORREST TIRE COMPANY INC

Date Approved

02/25/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

FORREST TIRE COMPANY INC

Borrower Address

408 S Halagueo

Borrower City

Carlsbad

Borrower State

NM

Borrower Zip

88220

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1911877.00

Current Approval Amount

1911877.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

444645

Servicing Lender Name

HTLF Bank

Servicing Lender Address

1800 Larimer St, Ste 100

Servicing Lender City

DENVER

Servicing Lender State

CO

Servicing Lender Zip

80202-1404

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Carlsbad

Project County Name

EDDY

Project State

NM

Project Zip

88220

CD

NM-02

Jobs Reported

185

NAICS Code

441320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1911877.00

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

444645

Originating Lender

HTLF Bank

Originating Lender City

DENVER

Originating Lender State

CO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1922510.18

Forgiveness Date

09/22/2021

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