PPP Loan information for Reed city tire

$44,391

Reed city tire was initially approved for PPP Loan of amount $44,391, the current approved amount is $44,391. The loan was approved on 04/08/2020 by The Lake-Osceola State Bank reported 5 jobs and $44,391 was used to fund payroll.

Reed city tire is Existing or more than 2 years old

REED CITY TIRE

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

REED CITY TIRE

Borrower Address

857 S CHESTNUT ST

Borrower City

REED CITY

Borrower State

MI

Borrower Zip

49677-8251

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

44391.00

Current Approval Amount

44391.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33549

Servicing Lender Name

Lake-Osceola State Bank

Servicing Lender Address

790 Michigan Ave

Servicing Lender City

BALDWIN

Servicing Lender State

MI

Servicing Lender Zip

49304-7126

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

REED CITY

Project County Name

OSCEOLA

Project State

MI

Project Zip

49677-8251

CD

MI-02

Jobs Reported

5

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

44391.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

33549

Originating Lender

Lake-Osceola State Bank

Originating Lender City

BALDWIN

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

39620.78

Forgiveness Date

11/12/2020

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