PPP Loan information for Raw tires, inc.

$125,257

Raw tires, inc. was initially approved for PPP Loan of amount $125,257, the current approved amount is $125,257. The loan was approved on 04/27/2020 by The Cache Valley Bank reported 12 jobs and $125,257 was used to fund payroll.

Raw tires, inc. is Existing or more than 2 years old

RAW TIRES, INC.

Date Approved

04/27/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

RAW TIRES, INC.

Borrower Address

240 E 1400 N

Borrower City

LOGAN

Borrower State

UT

Borrower Zip

84341

Loan Status Date

05/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

125257.00

Current Approval Amount

125257.00

Undisbursed Amount

0.00

Franchise Name

Big O Tires

Servicing Lender Location Id

72251

Servicing Lender Name

Cache Valley Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

LOGAN

Servicing Lender State

UT

Servicing Lender Zip

84321-4525

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LOGAN

Project County Name

CACHE

Project State

UT

Project Zip

84341-0673

CD

UT-01

Jobs Reported

12

NAICS Code

441320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4850.00

Payroll Proceed

108292.00

Mortgage Interest Proceed

7915.00

Rent Proceed

4200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

72251

Originating Lender

Cache Valley Bank

Originating Lender City

LOGAN

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

126412.15

Forgiveness Date

03/29/2021

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