PPP Loan information for The tire center of burlington, inc

$110,200

The tire center of burlington, inc was initially approved for PPP Loan of amount $110,200, the current approved amount is $110,200. The loan was approved on 04/16/2020 by The First Bank reported 16 jobs and $110,200 was used to fund payroll.

The tire center of burlington, inc is Existing or more than 2 years old

THE TIRE CENTER OF BURLINGTON, INC

Date Approved

04/16/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

THE TIRE CENTER OF BURLINGTON, INC

Borrower Address

508 S CHURCH ST

Borrower City

BURLINGTON

Borrower State

NC

Borrower Zip

27215-3810

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

110200.00

Current Approval Amount

110200.00

Undisbursed Amount

0.00

Franchise Name

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

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BURLINGTON

Project County Name

ALAMANCE

Project State

NC

Project Zip

27215-3810

CD

NC-04

Jobs Reported

16

NAICS Code

441320

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

13775.00

Payroll Proceed

82650.00

Mortgage Interest Proceed

0.00

Rent Proceed

13775.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

51812

Originating Lender

First Bank

Originating Lender City

SOUTHERN PINES

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

111069.52

Forgiveness Date

02/11/2021

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