PPP Loan information for Marion tire company, inc.

$138,900

Marion tire company, inc. was initially approved for PPP Loan of amount $138,900, the current approved amount is $138,900. The loan was approved on 04/05/2020 by The Farmers State Bank reported 13 jobs and $138,900 was used to fund payroll.

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

PPP Loan Search / IA / MARION / Marion tire company, inc.

MARION TIRE COMPANY, INC.

Date Approved

04/05/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

MARION TIRE COMPANY, INC.

Borrower Address

3270 7TH AVE

Borrower City

MARION

Borrower State

IA

Borrower Zip

52302-3730

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

138900.00

Current Approval Amount

138900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25235

Servicing Lender Name

Farmers State Bank

Servicing Lender Address

1240 8th Ave

Servicing Lender City

MARION

Servicing Lender State

IA

Servicing Lender Zip

52302-3504

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARION

Project County Name

LINN

Project State

IA

Project Zip

52302-3730

CD

IA-02

Jobs Reported

13

NAICS Code

441320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

13890.00

Payroll Proceed

111120.00

Mortgage Interest Proceed

0.00

Rent Proceed

13890.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25235

Originating Lender

Farmers State Bank

Originating Lender City

MARION

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

139729.54

Forgiveness Date

11/17/2020

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