PPP Loan information for Gem city tire, inc.

$1,893,500

Gem city tire, inc. was initially approved for PPP Loan of amount $1,893,500, the current approved amount is $1,893,500. The loan was approved on 04/06/2020 by The Commerce Bank reported 158 jobs and $1,893,500 was used to fund payroll.

Gem city tire, inc. is Existing or more than 2 years old

PPP Loan Search / OH / DAYTON / Gem city tire, inc.

GEM CITY TIRE, INC.

Date Approved

04/06/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

GEM CITY TIRE, INC.

Borrower Address

2531 Needmore Road

Borrower City

DAYTON

Borrower State

OH

Borrower Zip

45414-4203

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1893500.00

Current Approval Amount

1893500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40781

Servicing Lender Name

Commerce Bank

Servicing Lender Address

1000 Walnut St, 11th Fl

Servicing Lender City

KANSAS CITY

Servicing Lender State

MO

Servicing Lender Zip

64106-2107

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DAYTON

Project County Name

MONTGOMERY

Project State

OH

Project Zip

45414-4203

CD

OH-10

Jobs Reported

158

NAICS Code

441320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

48000.00

Payroll Proceed

1503983.00

Mortgage Interest Proceed

42000.00

Rent Proceed

289231.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

10286

Business Type

Corporation

Originating Lender Location Id

40781

Originating Lender

Commerce Bank

Originating Lender City

KANSAS CITY

Originating Lender State

MO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1915590.83

Forgiveness Date

06/04/2021

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