PPP Loan information for Marion tire & radiator service, inc

$150,400

Marion tire & radiator service, inc was initially approved for PPP Loan of amount $150,400, the current approved amount is $150,400. The loan was approved on 04/10/2020 by The First Bank reported 11 jobs and $150,400 was used to fund payroll.

Marion tire & radiator service, inc is Existing or more than 2 years old

MARION TIRE & RADIATOR SERVICE, INC

Date Approved

04/10/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MARION TIRE & RADIATOR SERVICE, INC

Borrower Address

105 W RAILROAD ST

Borrower City

MARION

Borrower State

NC

Borrower Zip

28752-4513

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

150400.00

Current Approval Amount

150400.00

Undisbursed Amount

0.00

Franchise Name

Tire Pros

Servicing Lender Location Id

51812

Servicing Lender Name

First Bank

Servicing Lender Address

205 SE Broad St

Servicing Lender City

SOUTHERN PINES

Servicing Lender State

NC

Servicing Lender Zip

28387-6106

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARION

Project County Name

MCDOWELL

Project State

NC

Project Zip

28752-4513

CD

NC-11

Jobs Reported

11

NAICS Code

441320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

150400.00

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

51812

Originating Lender

First Bank

Originating Lender City

SOUTHERN PINES

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

151941.60

Forgiveness Date

04/23/2021

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