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Capital Tire, Inc.

$2,392,500 PPP Loan in Toledo, Ohio

Loan Details

Loan Number
4780977001
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$2,392,500
Current Approval
$2,392,500
Forgiveness Amount
$2,417,289
Forgiveness Date
Apr 23, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Capital Tire, Inc.
Address
1001 Cherry St
City
Toledo
State
Ohio
ZIP Code
43608-2901
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441320)
Business Age
Existing or more than 2 years old
Jobs Reported
224
Estimated Revenue
$60.6M
Rural/Urban
Urban
Congressional District
OH-09

Loan Use Breakdown

Payroll
$1,700,000
Rent
$260,000
Utilities
$57,500
Health Care
$280,000
Debt Interest
$95,000

Lender Information

Servicing Lender
Waterford Bank, National Association
Originating Lender
Waterford Bank, National Association

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