PPP Loan information for Lovells discount tire inc.

$49,100

Lovells discount tire inc. was initially approved for PPP Loan of amount $49,100, the current approved amount is $49,100. The loan was approved on 04/06/2020 by The First State Bank reported 6 jobs and $49,100 was used to fund payroll.

Lovells discount tire inc. is Existing or more than 2 years old

PPP Loan Search / IL / DEKALB / Lovells discount tire inc.

LOVELLS DISCOUNT TIRE INC.

Date Approved

04/06/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

LOVELLS DISCOUNT TIRE INC.

Borrower Address

424 E LINCOLN HIGHWAY

Borrower City

DEKALB

Borrower State

IL

Borrower Zip

60115-3706

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

49100.00

Current Approval Amount

49100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21955

Servicing Lender Name

First State Bank

Servicing Lender Address

706 Washington St

Servicing Lender City

MENDOTA

Servicing Lender State

IL

Servicing Lender Zip

61342-1628

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DEKALB

Project County Name

DEKALB

Project State

IL

Project Zip

60115-3706

CD

IL-14

Jobs Reported

6

NAICS Code

441320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3500.00

Payroll Proceed

38800.00

Mortgage Interest Proceed

0.00

Rent Proceed

6800.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

21955

Originating Lender

First State Bank

Originating Lender City

MENDOTA

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

49453.79

Forgiveness Date

01/11/2021

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