PPP Loan information for Porter tire center, inc.

$156,217

Porter tire center, inc. was initially approved for PPP Loan of amount $156,217, the current approved amount is $156,217. The loan was approved on 04/07/2020 by The The Commercial Bank of Grayson reported 26 jobs and $156,217 was used to fund payroll.

Porter tire center, inc. is Existing or more than 2 years old

PORTER TIRE CENTER, INC.

Date Approved

04/07/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

PORTER TIRE CENTER, INC.

Borrower Address

18361 W US HIGHWAY 60

Borrower City

OLIVE HILL

Borrower State

KY

Borrower Zip

41164-8905

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

156217.00

Current Approval Amount

156217.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27038

Servicing Lender Name

The Commercial Bank of Grayson

Servicing Lender Address

208 E Main St

Servicing Lender City

GRAYSON

Servicing Lender State

KY

Servicing Lender Zip

41143-1304

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

OLIVE HILL

Project County Name

CARTER

Project State

KY

Project Zip

41164-8905

CD

KY-05

Jobs Reported

26

NAICS Code

441320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

39054.25

Payroll Proceed

117162.75

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

27038

Originating Lender

The Commercial Bank of Grayson

Originating Lender City

GRAYSON

Originating Lender State

KY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

157077.26

Forgiveness Date

11/03/2020

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