PPP Loan information for The tire company inc.

$250,800

The tire company inc. was initially approved for PPP Loan of amount $250,800, the current approved amount is $250,800. The loan was approved on 02/11/2021 by The State Bank of Southern Utah reported 39 jobs and $250,800 was used to fund payroll.

The tire company inc. is Existing or more than 2 years old

PPP Loan Search / UT / Cedar City / The tire company inc.

THE TIRE COMPANY INC.

Date Approved

02/11/2021

SBA Office Code

0883

Processing Method

PPS

Borrower Name

THE TIRE COMPANY INC.

Borrower Address

115 W 200 N

Borrower City

Cedar City

Borrower State

UT

Borrower Zip

84720-2529

Loan Status Date

01/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

250800.00

Current Approval Amount

250800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72214

Servicing Lender Name

State Bank of Southern Utah

Servicing Lender Address

377 N Main St

Servicing Lender City

CEDAR CITY

Servicing Lender State

UT

Servicing Lender Zip

84721-2639

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Cedar City

Project County Name

IRON

Project State

UT

Project Zip

84720-2529

CD

UT-02

Jobs Reported

39

NAICS Code

441320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

250798.00

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

72214

Originating Lender

State Bank of Southern Utah

Originating Lender City

CEDAR CITY

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

252950.70

Forgiveness Date

12/23/2021

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