PPP Loan information for Second chance tire co

$11,500

Second chance tire co was initially approved for PPP Loan of amount $11,500, the current approved amount is $11,500. The loan was approved on 04/08/2020 by The Powell Valley National Bank reported 3 jobs and $11,500 was used to fund payroll.

Second chance tire co is Existing or more than 2 years old

SECOND CHANCE TIRE CO

Date Approved

04/08/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

SECOND CHANCE TIRE CO

Borrower Address

604 W Main St

Borrower City

APPALACHIA

Borrower State

VA

Borrower Zip

24216-1739

Loan Status Date

04/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

11500.00

Current Approval Amount

11500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73477

Servicing Lender Name

Powell Valley National Bank

Servicing Lender Address

33785 Main St

Servicing Lender City

JONESVILLE

Servicing Lender State

VA

Servicing Lender Zip

24263

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

APPALACHIA

Project County Name

WISE

Project State

VA

Project Zip

24216-1739

CD

VA-09

Jobs Reported

3

NAICS Code

441320

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

11500.00

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

Sole Proprietorship

Originating Lender Location Id

73477

Originating Lender

Powell Valley National Bank

Originating Lender City

JONESVILLE

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

11613.74

Forgiveness Date

04/15/2021

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