PPP Loan information for Lignite tire, inc.

$157,700

Lignite tire, inc. was initially approved for PPP Loan of amount $157,700, the current approved amount is $157,700. The loan was approved on 04/04/2020 by The Union State Bank of Hazen reported 16 jobs and $157,700 was used to fund payroll.

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

PPP Loan Search / ND / BEULAH / Lignite tire, inc.

LIGNITE TIRE, INC.

Date Approved

04/04/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

LIGNITE TIRE, INC.

Borrower Address

300 19TH ST NW

Borrower City

BEULAH

Borrower State

ND

Borrower Zip

58523-6102

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

157700.00

Current Approval Amount

157700.00

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

16

NAICS Code

441320

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

157700.00

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

158668.10

Forgiveness Date

11/23/2020

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