PPP Loan information for Peoria tire & vulcanizing company

$242,000

Peoria tire & vulcanizing company was initially approved for PPP Loan of amount $242,000, the current approved amount is $242,000. The loan was approved on 04/08/2020 by The Morton Community Bank reported 22 jobs and $242,000 was used to fund payroll.

Peoria tire & vulcanizing company is Existing or more than 2 years old

PEORIA TIRE & VULCANIZING COMPANY

Date Approved

04/08/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

PEORIA TIRE & VULCANIZING COMPANY

Borrower Address

8321 N KNOXVILLE AVE

Borrower City

PEORIA

Borrower State

IL

Borrower Zip

61615-2139

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

242000.00

Current Approval Amount

242000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22097

Servicing Lender Name

Morton Community Bank

Servicing Lender Address

721 W Jackson St

Servicing Lender City

MORTON

Servicing Lender State

IL

Servicing Lender Zip

61550-1537

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PEORIA

Project County Name

PEORIA

Project State

IL

Project Zip

61615-2139

CD

IL-16

Jobs Reported

22

NAICS Code

441320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

242000.00

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

22097

Originating Lender

Morton Community Bank

Originating Lender City

MORTON

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

244211.61

Forgiveness Date

03/09/2021

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