PPP Loan information for Scottsboro tire & auto repair, inc

$49,000

Scottsboro tire & auto repair, inc was initially approved for PPP Loan of amount $49,000, the current approved amount is $49,000. The loan was approved on 04/08/2020 by The Peoples Independent Bank reported 9 jobs and $49,000 was used to fund payroll.

Scottsboro tire & auto repair, inc is Existing or more than 2 years old

SCOTTSBORO TIRE & AUTO REPAIR, INC

Date Approved

04/08/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SCOTTSBORO TIRE & AUTO REPAIR, INC

Borrower Address

504 S BROAD ST

Borrower City

SCOTTSBORO

Borrower State

AL

Borrower Zip

35768-1708

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

49000.00

Current Approval Amount

49000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112423

Servicing Lender Name

Peoples Independent Bank

Servicing Lender Address

121 Billy B Dyar Blvd

Servicing Lender City

BOAZ

Servicing Lender State

AL

Servicing Lender Zip

35957

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SCOTTSBORO

Project County Name

JACKSON

Project State

AL

Project Zip

35768-1708

CD

AL-05

Jobs Reported

9

NAICS Code

441320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

49000.00

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

112423

Originating Lender

Peoples Independent Bank

Originating Lender City

BOAZ

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

49313.06

Forgiveness Date

11/27/2020

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