Iron Range Tire Service INC

$114,300 PPP Loan in Hibbing, Minnesota

Loan Details

Loan Number
5048987008
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$114,300
Current Approval
$107,100
Forgiveness Amount
$107,701
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Iron Range Tire Service INC
Address
710 W 41 Street
ZIP Code
55746-3061
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811198)
Business Age
Existing or more than 2 years old
Jobs Reported
9
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$85,680
Utilities
$15,000
Mortgage Interest
$6,420

Lender Information

Servicing Lender
Park State Bank
Originating Lender
Park State Bank

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