PPP Loan information for C&r tire co inc

$367,400

C&r tire co inc was initially approved for PPP Loan of amount $367,400, the current approved amount is $367,400. The loan was approved on 04/03/2020 by The Cornerstone Bank reported 29 jobs and $367,400 was used to fund payroll.

C&r tire co inc is Existing or more than 2 years old

PPP Loan Search / MA / WORCESTER / C&r tire co inc

C&R TIRE CO INC

Date Approved

04/03/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

C&R TIRE CO INC

Borrower Address

111 Randolph Road

Borrower City

WORCESTER

Borrower State

MA

Borrower Zip

01606-2462

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

367400.00

Current Approval Amount

367400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33352

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

230 Park Ave

Servicing Lender City

WORCESTER

Servicing Lender State

MA

Servicing Lender Zip

01609-1918

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WORCESTER

Project County Name

WORCESTER

Project State

MA

Project Zip

01606-2462

CD

MA-02

Jobs Reported

29

NAICS Code

441320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

367400.00

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

33352

Originating Lender

Cornerstone Bank

Originating Lender City

WORCESTER

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

370124.88

Forgiveness Date

01/06/2021

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