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Economical Tires Inc.

$10,500 PPP Loan in Elgin, Illinois

Loan Details

Loan Number
3262658807
Date Approved
Apr 14, 2021
Loan Status
Paid in Full
Initial Approval
$10,500
Current Approval
$10,500
Forgiveness Amount
$10,613
Forgiveness Date
May 17, 2022
Term
60 months
Draw
First Draw

Business Information

Business Name
Economical Tires Inc.
Address
346 Willard Ave
City
Elgin
State
Illinois
ZIP Code
60120-6811
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441320)
Business Age
Existing or more than 2 years old
Jobs Reported
4
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-03

Loan Use Breakdown

Payroll
$10,497
Utilities
$1

Lender Information

Servicing Lender
American Community Bank & Trust
Originating Lender
American Community Bank & Trust

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