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Graham Tire Company of Spencer, Inc.

$1,910,200 PPP Loan in Spencer, Iowa

Loan Details

Loan Number
4607387008
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$1,910,200
Current Approval
$1,910,200
Forgiveness Amount
$1,929,196
Forgiveness Date
Apr 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Graham Tire Company of Spencer, Inc.
Address
1905 Hwy Blvd
City
Spencer
State
Iowa
ZIP Code
51301-2213
Business Type
Corporation
Industry (NAICS)
Retail Trade (441320)
Business Age
Existing or more than 2 years old
Jobs Reported
154
Estimated Revenue
$41.6M
Rural/Urban
Rural
Congressional District
IA-04

Loan Use Breakdown

Payroll
$1,398,600
Rent
$153,300
Utilities
$188,600
Health Care
$115,300
Debt Interest
$54,400

Lender Information

Servicing Lender
Community State Bank
Originating Lender
Community State Bank

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