Montrose Tire & Brake

$48,200 PPP Loan in Montrose, Colorado

Loan Details

Loan Number
4521837000
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$48,200
Current Approval
$48,200
Forgiveness Amount
$48,531
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Montrose Tire & Brake
Address
2135 E Main Street
ZIP Code
81401-3833
Business Type
Sole Proprietorship
Industry (NAICS)
Other Services (except Public Administration) (811111)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
CO-03

Loan Use Breakdown

Payroll
$36,150
Utilities
$6,025
Mortgage Interest
$6,025

Lender Information

Servicing Lender
Timberline Bank
Originating Lender
Timberline Bank

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