PPP Loan information for Kings tire service inc

$2,255,900

Kings tire service inc was initially approved for PPP Loan of amount $2,255,900, the current approved amount is $2,255,900. The loan was approved on 04/09/2020 by The Truist Bank reported 191 jobs and $2,255,900 was used to fund payroll.

Kings tire service inc is Existing or more than 2 years old

PPP Loan Search / WV / BLUEFIELD / Kings tire service inc

KINGS TIRE SERVICE INC

Date Approved

04/09/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

KINGS TIRE SERVICE INC

Borrower Address

6320 AIRPORT RD

Borrower City

BLUEFIELD

Borrower State

WV

Borrower Zip

24701-9560

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2255900.00

Current Approval Amount

2255900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BLUEFIELD

Project County Name

MERCER

Project State

WV

Project Zip

24701-9560

CD

WV-01

Jobs Reported

191

NAICS Code

441320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2255900.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2282845.47

Forgiveness Date

06/25/2021

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