PPP Loan information for Chapel hill tire company inc.

$1,309,300

Chapel hill tire company inc. was initially approved for PPP Loan of amount $1,309,300, the current approved amount is $1,309,300. The loan was approved on 02/26/2021 by The Loan Source Incorporated reported 127 jobs and $1,309,300 was used to fund payroll.

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

PPP Loan Search / NC / Chapel Hill / Chapel hill tire company inc.

CHAPEL HILL TIRE COMPANY INC.

Date Approved

02/26/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

CHAPEL HILL TIRE COMPANY INC.

Borrower Address

502 W Franklin St

Borrower City

Chapel Hill

Borrower State

NC

Borrower Zip

27516-2317

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1309300.00

Current Approval Amount

1309300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Chapel Hill

Project County Name

ORANGE

Project State

NC

Project Zip

27516-2317

CD

NC-04

Jobs Reported

127

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1309297.00

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

123499

Originating Lender

BayFirst National Bank

Originating Lender City

Saint Petersburg

Originating Lender State

FL

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1318770.01

Forgiveness Date

11/24/2021

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