PPP Loan information for South branch tire

$45,000

South branch tire was initially approved for PPP Loan of amount $45,000, the current approved amount is $45,000. The loan was approved on 04/11/2020 by The Summit Community Bank, Inc. reported 6 jobs and $45,000 was used to fund payroll.

South branch tire is Existing or more than 2 years old

SOUTH BRANCH TIRE

Date Approved

04/11/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

SOUTH BRANCH TIRE

Borrower Address

502 CLEMENTS ST

Borrower City

MOOREFIELD

Borrower State

WV

Borrower Zip

26836-1226

Loan Status Date

06/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

45000.00

Current Approval Amount

45000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119785

Servicing Lender Name

Summit Community Bank, Inc.

Servicing Lender Address

310 N Main St

Servicing Lender City

MOOREFIELD

Servicing Lender State

WV

Servicing Lender Zip

26836-1055

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOOREFIELD

Project County Name

HARDY

Project State

WV

Project Zip

26836-1226

CD

WV-02

Jobs Reported

6

NAICS Code

441320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

45000.00

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

119785

Originating Lender

Summit Community Bank, Inc.

Originating Lender City

MOOREFIELD

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

45502.50

Forgiveness Date

05/25/2021

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