PPP Loan information for Tires only

$299,500

Tires only was initially approved for PPP Loan of amount $299,500, the current approved amount is $299,500. The loan was approved on 04/12/2020 by The Alerus Financial, National Association reported 21 jobs and $299,500 was used to fund payroll.

Tires only is Existing or more than 2 years old

TIRES ONLY

Date Approved

04/12/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

TIRES ONLY

Borrower Address

8201 4th Ave NE

Borrower City

MINOT

Borrower State

ND

Borrower Zip

58703-4915

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

299500.00

Current Approval Amount

299500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52795

Servicing Lender Name

Alerus Financial, National Association

Servicing Lender Address

401 DeMers Ave

Servicing Lender City

GRAND FORKS

Servicing Lender State

ND

Servicing Lender Zip

58201-4574

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MINOT

Project County Name

WARD

Project State

ND

Project Zip

58703-4915

CD

ND-

Jobs Reported

21

NAICS Code

423130

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

74875.00

Payroll Proceed

224625.00

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

Corporation

Originating Lender Location Id

52795

Originating Lender

Alerus Financial, National Association

Originating Lender City

GRAND FORKS

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

301180.53

Forgiveness Date

11/05/2020

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