Downey Tire Service, L.c.

$221,200 PPP Loan in Indianola, Iowa

Loan Details

Loan Number
4377037001
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$221,200
Current Approval
$221,200
Forgiveness Amount
$223,265
Forgiveness Date
Mar 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Downey Tire Service, L.c.
Address
103 W 2nd Ave
State
Iowa
ZIP Code
50125-2521
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Other Services (except Public Administration) (811111)
Business Age
Existing or more than 2 years old
Jobs Reported
19
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IA-01

Loan Use Breakdown

Payroll
$177,000
Utilities
$40,200
Mortgage Interest
$4,000

Lender Information

Servicing Lender
Trubank
Originating Lender
Trubank

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