PPP Loan information for Justice tire distributors inc

$348,000

Justice tire distributors inc was initially approved for PPP Loan of amount $348,000, the current approved amount is $348,000. The loan was approved on 04/03/2020 by The Bank of the James reported 41 jobs and $348,000 was used to fund payroll.

Justice tire distributors inc is Existing or more than 2 years old

JUSTICE TIRE DISTRIBUTORS INC

Date Approved

04/03/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

JUSTICE TIRE DISTRIBUTORS INC

Borrower Address

2322 14th St

Borrower City

LYNCHBURG

Borrower State

VA

Borrower Zip

24501-5724

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

348000.00

Current Approval Amount

348000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124096

Servicing Lender Name

Bank of the James

Servicing Lender Address

828 Main St

Servicing Lender City

LYNCHBURG

Servicing Lender State

VA

Servicing Lender Zip

24504-1500

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LYNCHBURG

Project County Name

LYNCHBURG CITY

Project State

VA

Project Zip

24501-5724

CD

VA-05

Jobs Reported

41

NAICS Code

423130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

348000.00

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

Subchapter S Corporation

Originating Lender Location Id

124096

Originating Lender

Bank of the James

Originating Lender City

LYNCHBURG

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

350252.33

Forgiveness Date

11/27/2020

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