PPP Loan information for Kings tire service inc

$2,000,000

Kings tire service inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/13/2021 by The Pinnacle Bank reported 191 jobs and $2,000,000 was used to fund payroll.

Kings tire service inc is Existing or more than 2 years old

PPP Loan Search / WV / Bluefield / Kings tire service inc

KINGS TIRE SERVICE INC

Date Approved

02/13/2021

SBA Office Code

0390

Processing Method

PPS

Borrower Name

KINGS TIRE SERVICE INC

Borrower Address

6320 Airport Rd

Borrower City

Bluefield

Borrower State

WV

Borrower Zip

24701-9560

Loan Status Date

02/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bluefield

Project County Name

MERCER

Project State

WV

Project Zip

24701-9560

CD

WV-01

Jobs Reported

191

NAICS Code

441320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999996.00

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

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2018904.11

Forgiveness Date

01/28/2022

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