PPP Loan information for Lignite tire inc.

$157,766

Lignite tire inc. was initially approved for PPP Loan of amount $157,766, the current approved amount is $157,766. The loan was approved on 01/17/2021 by The Union State Bank of Hazen reported 10 jobs and $157,766 was used to fund payroll.

Lignite tire inc. is Existing or more than 2 years old

LIGNITE TIRE INC.

Date Approved

01/17/2021

SBA Office Code

0875

Processing Method

PPS

Borrower Name

LIGNITE TIRE INC.

Borrower Address

300 19th St NW

Borrower City

Beulah

Borrower State

ND

Borrower Zip

58523-6102

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

157766.00

Current Approval Amount

157766.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52843

Servicing Lender Name

Union State Bank of Hazen

Servicing Lender Address

209 Central Ave North

Servicing Lender City

HAZEN

Servicing Lender State

ND

Servicing Lender Zip

58545

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Beulah

Project County Name

MERCER

Project State

ND

Project Zip

58523-6102

CD

ND-

Jobs Reported

10

NAICS Code

441320

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

157763.00

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

Subchapter S Corporation

Originating Lender Location Id

52843

Originating Lender

Union State Bank of Hazen

Originating Lender City

HAZEN

Originating Lender State

ND

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

158581.12

Forgiveness Date

07/28/2021

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