PPP Loan information for Westmoreland tire co, inc

$297,000

Westmoreland tire co, inc was initially approved for PPP Loan of amount $297,000, the current approved amount is $297,000. The loan was approved on 04/30/2020 by The Regions Bank reported 41 jobs and $297,000 was used to fund payroll.

Westmoreland tire co, inc is Existing or more than 2 years old

PPP Loan Search / AL / FORT PAYNE / Westmoreland tire co, inc

WESTMORELAND TIRE CO, INC

Date Approved

04/30/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

WESTMORELAND TIRE CO, INC

Borrower Address

1920 INDUSTRIAL BLVD

Borrower City

FORT PAYNE

Borrower State

AL

Borrower Zip

35968-3604

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

297000.00

Current Approval Amount

297000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FORT PAYNE

Project County Name

DE KALB

Project State

AL

Project Zip

35968-3604

CD

AL-04

Jobs Reported

41

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

297000.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

298521.62

Forgiveness Date

11/12/2020

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