PPP Loan information for Donald b rice tire co, inc

$2,722,262

Donald b rice tire co, inc was initially approved for PPP Loan of amount $2,722,262, the current approved amount is $2,722,262. The loan was approved on 04/13/2020 by The Manufacturers and Traders Trust Company reported 230 jobs and $2,722,262 was used to fund payroll.

Donald b rice tire co, inc is Existing or more than 2 years old

PPP Loan Search / MD / FREDERICK / Donald b rice tire co, inc

DONALD B RICE TIRE CO, INC

Date Approved

04/13/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

DONALD B RICE TIRE CO, INC

Borrower Address

909 North East Street

Borrower City

FREDERICK

Borrower State

MD

Borrower Zip

21701-4621

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2722262.00

Current Approval Amount

2722262.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FREDERICK

Project County Name

FREDERICK

Project State

MD

Project Zip

21701-4621

CD

MD-06

Jobs Reported

230

NAICS Code

441320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2200000.00

Mortgage Interest Proceed

0.00

Rent Proceed

310669.00

Refinance EIDL Proceed

0.00

Health Care Proceed

211593.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2757315.78

Forgiveness Date

08/09/2021

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