PPP Loan information for Zurcher tire, inc

$1,938,776

Zurcher tire, inc was initially approved for PPP Loan of amount $2,339,902, the current approved amount is $1,938,776. The loan was approved on 04/27/2020 by The Sturgis Bank & Trust Company reported 316 jobs and $1,938,776 was used to fund payroll.

Zurcher tire, inc is Unanswered

ZURCHER TIRE, INC

Date Approved

04/27/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

ZURCHER TIRE, INC

Borrower Address

101 N POLK ST

Borrower City

MONROE

Borrower State

IN

Borrower Zip

46772-9375

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2339902.00

Current Approval Amount

1938776.00

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

Unanswered

Project City

MONROE

Project County Name

ADAMS

Project State

IN

Project Zip

46772-9375

CD

IN-03

Jobs Reported

316

NAICS Code

423990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1938776.00

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

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

1960022.86

Forgiveness Date

06/11/2021

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