PPP Loan information for Raleigh tire service, inc.

$668,984

Raleigh tire service, inc. was initially approved for PPP Loan of amount $668,984, the current approved amount is $668,984. The loan was approved on 04/07/2020 by The First Horizon Bank reported 61 jobs and $668,984 was used to fund payroll.

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

PPP Loan Search / TN / ARLINGTON / Raleigh tire service, inc.

RALEIGH TIRE SERVICE, INC.

Date Approved

04/07/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

RALEIGH TIRE SERVICE, INC.

Borrower Address

5908 AIRLINE RD

Borrower City

ARLINGTON

Borrower State

TN

Borrower Zip

38002-0018

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

668984.00

Current Approval Amount

668984.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ARLINGTON

Project County Name

SHELBY

Project State

TN

Project Zip

38002-0018

CD

TN-08

Jobs Reported

61

NAICS Code

423130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

14984.00

Payroll Proceed

504000.00

Mortgage Interest Proceed

150000.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

677011.81

Forgiveness Date

06/30/2021

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