PPP Loan information for Southern indiana tire, inc

$1,301,384

Southern indiana tire, inc was initially approved for PPP Loan of amount $1,301,384, the current approved amount is $1,301,384. The loan was approved on 04/28/2020 by The Sturgis Bank & Trust Company reported 129 jobs and $1,301,384 was used to fund payroll.

Southern indiana tire, inc is Existing or more than 2 years old

PPP Loan Search / IN / PRINCETON / Southern indiana tire, inc

SOUTHERN INDIANA TIRE, INC

Date Approved

04/28/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

SOUTHERN INDIANA TIRE, INC

Borrower Address

1342 w 100 n

Borrower City

PRINCETON

Borrower State

IN

Borrower Zip

47670-8550

Loan Status Date

02/16/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1301384.00

Current Approval Amount

1301384.00

Undisbursed Amount

0.00

Franchise Name

Bandag

Servicing Lender Location Id

79717

Servicing Lender Name

Sturgis Bank & Trust Company

Servicing Lender Address

113-125 E Chicago Rd

Servicing Lender City

STURGIS

Servicing Lender State

MI

Servicing Lender Zip

49091-1754

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PRINCETON

Project County Name

GIBSON

Project State

IN

Project Zip

47670-8550

CD

IN-08

Jobs Reported

129

NAICS Code

423140

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

50000.00

Payroll Proceed

1076384.00

Mortgage Interest Proceed

0.00

Rent Proceed

90000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

85000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

79717

Originating Lender

Sturgis Bank & Trust Company

Originating Lender City

STURGIS

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1296736.64

Forgiveness Date

12/29/2021

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