PPP Loan information for Young's wholesale tire co, inc

$268,500

Young's wholesale tire co, inc was initially approved for PPP Loan of amount $268,500, the current approved amount is $268,500. The loan was approved on 04/04/2020 by The First Security Bank reported 30 jobs and $268,500 was used to fund payroll.

Young's wholesale tire co, inc is Existing or more than 2 years old

PPP Loan Search / AR / SEARCY / Young's wholesale tire co, inc

YOUNG'S WHOLESALE TIRE CO, INC

Date Approved

04/04/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

YOUNG'S WHOLESALE TIRE CO, INC

Borrower Address

511 S MAIN ST

Borrower City

SEARCY

Borrower State

AR

Borrower Zip

72143-6851

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

268500.00

Current Approval Amount

268500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4754

Servicing Lender Name

First Security Bank

Servicing Lender Address

314 N Spring St

Servicing Lender City

SEARCY

Servicing Lender State

AR

Servicing Lender Zip

72143-7703

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SEARCY

Project County Name

WHITE

Project State

AR

Project Zip

72143-6851

CD

AR-02

Jobs Reported

30

NAICS Code

441320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

268500.00

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

4754

Originating Lender

First Security Bank

Originating Lender City

SEARCY

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

270737.50

Forgiveness Date

02/03/2021

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