Simmons Tire Co., Inc.

$266,117 PPP Loan in Sheffield, Alabama

Loan Details

Loan Number
2770287101
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$266,117
Current Approval
$266,117
Forgiveness Amount
$267,692
Forgiveness Date
Nov 17, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Simmons Tire Co., Inc.
Address
612 E 2nd St
State
Alabama
ZIP Code
35660-3218
Business Type
Corporation
Industry (NAICS)
Retail Trade (441320)
Business Age
Existing or more than 2 years old
Jobs Reported
24
Estimated Revenue
$6.5M
Rural/Urban
Rural
Congressional District
AL-04

Loan Use Breakdown

Payroll
$199,588
Utilities
$26,612
Mortgage Interest
$39,918

Lender Information

Servicing Lender
First Metro Bank
Originating Lender
First Metro Bank

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