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Thompson Tire Co Inc.

$424,800 PPP Loan in Radford, Virginia

Loan Details

Loan Number
4952977009
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$424,800
Current Approval
$415,000
Forgiveness Amount
$417,365
Forgiveness Date
Nov 5, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Thompson Tire Co Inc.
Address
105 Centre Ct
City
Radford
State
Virginia
ZIP Code
24141-5124
Business Type
Corporation
Industry (NAICS)
Retail Trade (441320)
Business Age
Existing or more than 2 years old
Jobs Reported
48
Estimated Revenue
$13.0M
Rural/Urban
Urban
Congressional District
VA-09

Loan Use Breakdown

Payroll
$318,000
Rent
$44,000
Utilities
$53,000

Lender Information

Servicing Lender
The National Bank of Blacksburg
Originating Lender
The National Bank of Blacksburg

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