PPP Loan information for Forrest tire company, inc.

$1,911,800

Forrest tire company, inc. was initially approved for PPP Loan of amount $1,911,800, the current approved amount is $1,911,800. The loan was approved on 04/09/2020 by The HTLF Bank reported 175 jobs and $1,911,800 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

04/09/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

FORREST TIRE COMPANY, INC.

Borrower Address

408 S HALAGUENO

Borrower City

CARLSBAD

Borrower State

NM

Borrower Zip

88220-5633

Loan Status Date

06/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1911800.00

Current Approval Amount

1911800.00

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

88220-5633

CD

NM-02

Jobs Reported

175

NAICS Code

441320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1911800.00

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

1932489.34

Forgiveness Date

05/21/2021

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