PPP Loan information for Mike's tire and recapping inc.

$121,800

Mike's tire and recapping inc. was initially approved for PPP Loan of amount $121,800, the current approved amount is $121,800. The loan was approved on 04/09/2020 by The Chesapeake Bank reported 12 jobs and $121,800 was used to fund payroll.

Mike's tire and recapping inc. is Existing or more than 2 years old

PPP Loan Search / VA / HAYES / Mike's tire and recapping inc.

MIKE'S TIRE AND RECAPPING INC.

Date Approved

04/09/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MIKE'S TIRE AND RECAPPING INC.

Borrower Address

4009 GEORGE WASHINGTON MEMORIAL HWY

Borrower City

HAYES

Borrower State

VA

Borrower Zip

23072-2930

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

121800.00

Current Approval Amount

121800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73496

Servicing Lender Name

Chesapeake Bank

Servicing Lender Address

97 N Main St

Servicing Lender City

KILMARNOCK

Servicing Lender State

VA

Servicing Lender Zip

22482-8501

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HAYES

Project County Name

GLOUCESTER

Project State

VA

Project Zip

23072-2930

CD

VA-01

Jobs Reported

12

NAICS Code

326212

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5820.00

Payroll Proceed

91337.17

Mortgage Interest Proceed

0.00

Rent Proceed

18600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

5619.54

Debt Interest Proceed

423.29

Business Type

Subchapter S Corporation

Originating Lender Location Id

73496

Originating Lender

Chesapeake Bank

Originating Lender City

KILMARNOCK

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

122679.67

Forgiveness Date

12/31/2020

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