PPP Loan information for Discount tire and automotive, inc.

$229,700

Discount tire and automotive, inc. was initially approved for PPP Loan of amount $229,700, the current approved amount is $229,700. The loan was approved on 04/03/2020 by The Cache Valley Bank reported 24 jobs and $229,700 was used to fund payroll.

Discount tire and automotive, inc. is Existing or more than 2 years old

PPP Loan Search / UT / LOGAN / Discount tire and automotive, inc.

DISCOUNT TIRE AND AUTOMOTIVE, INC.

Date Approved

04/03/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

DISCOUNT TIRE AND AUTOMOTIVE, INC.

Borrower Address

895 N MAIN

Borrower City

LOGAN

Borrower State

UT

Borrower Zip

84321-3228

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

229700.00

Current Approval Amount

229700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72251

Servicing Lender Name

Cache Valley Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

LOGAN

Servicing Lender State

UT

Servicing Lender Zip

84321-4525

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LOGAN

Project County Name

CACHE

Project State

UT

Project Zip

84321-3228

CD

UT-01

Jobs Reported

24

NAICS Code

441320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

15000.00

Payroll Proceed

170000.00

Mortgage Interest Proceed

0.00

Rent Proceed

33700.00

Refinance EIDL Proceed

0.00

Health Care Proceed

11000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

72251

Originating Lender

Cache Valley Bank

Originating Lender City

LOGAN

Originating Lender State

UT

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

231492.94

Forgiveness Date

01/20/2021

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