PPP Loan information for Gray's tire & service center, inc.

$390,775

Gray's tire & service center, inc. was initially approved for PPP Loan of amount $390,775, the current approved amount is $390,775. The loan was approved on 04/08/2020 by The First Community Bank of Central Alabama reported 48 jobs and $390,775 was used to fund payroll.

Gray's tire & service center, inc. is Existing or more than 2 years old

GRAY'S TIRE & SERVICE CENTER, INC.

Date Approved

04/08/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

GRAY'S TIRE & SERVICE CENTER, INC.

Borrower Address

109 Redland Road

Borrower City

WETUMPKA

Borrower State

AL

Borrower Zip

36093-1600

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

390775.00

Current Approval Amount

390775.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

227873

Servicing Lender Name

First Community Bank of Central Alabama

Servicing Lender Address

715 Wilson St

Servicing Lender City

WETUMPKA

Servicing Lender State

AL

Servicing Lender Zip

36092-2901

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WETUMPKA

Project County Name

ELMORE

Project State

AL

Project Zip

36093-1600

CD

AL-02

Jobs Reported

48

NAICS Code

441320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

97693.75

Payroll Proceed

293081.25

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

227873

Originating Lender

First Community Bank of Central Alabama

Originating Lender City

WETUMPKA

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

382900.99

Forgiveness Date

11/03/2020

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