PPP Loan information for Rubber tire inc

$150,000

Rubber tire inc was initially approved for PPP Loan of amount $150,000, the current approved amount is $150,000. The loan was approved on 04/15/2020 by The Citizens Bank of Las Cruces reported 22 jobs and $150,000 was used to fund payroll.

Rubber tire inc is Existing or more than 2 years old

RUBBER TIRE INC

Date Approved

04/15/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

RUBBER TIRE INC

Borrower Address

1330 S EL PASEO RD

Borrower City

LAS CRUCES

Borrower State

NM

Borrower Zip

88001-6024

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

150000.00

Current Approval Amount

150000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45799

Servicing Lender Name

Citizens Bank of Las Cruces

Servicing Lender Address

505 S Main St

Servicing Lender City

LAS CRUCES

Servicing Lender State

NM

Servicing Lender Zip

88001-1206

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LAS CRUCES

Project County Name

DONA ANA

Project State

NM

Project Zip

88001-6024

CD

NM-02

Jobs Reported

22

NAICS Code

441320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

150000.00

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

45799

Originating Lender

Citizens Bank of Las Cruces

Originating Lender City

LAS CRUCES

Originating Lender State

NM

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

151133.33

Forgiveness Date

01/20/2021

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