PPP Loan information for South rhea tire and service center, inc.

$54,607

South rhea tire and service center, inc. was initially approved for PPP Loan of amount $58,680, the current approved amount is $54,607. The loan was approved on 02/23/2021 by The Simply Bank reported 8 jobs and $54,607 was used to fund payroll.

South rhea tire and service center, inc. is Existing or more than 2 years old

SOUTH RHEA TIRE AND SERVICE CENTER, INC.

Date Approved

02/23/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

SOUTH RHEA TIRE AND SERVICE CENTER, INC.

Borrower Address

393 Rhea County Hwy 393 Rhea County Highway

Borrower City

Dayton

Borrower State

TN

Borrower Zip

37321-5825

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

58680.00

Current Approval Amount

54607.33

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68878

Servicing Lender Name

Simply Bank

Servicing Lender Address

420 Third Ave

Servicing Lender City

DAYTON

Servicing Lender State

TN

Servicing Lender Zip

37321

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Dayton

Project County Name

RHEA

Project State

TN

Project Zip

37321-5825

CD

TN-04

Jobs Reported

8

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

54602.33

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

Corporation

Originating Lender Location Id

68878

Originating Lender

Simply Bank

Originating Lender City

DAYTON

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

54915.52

Forgiveness Date

09/28/2021

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