Sumerel Tire Service, INC

$648,100 PPP Loan in Newport, Kentucky

Loan Details

Loan Number
5151377000
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$648,100
Current Approval
$648,100
Forgiveness Amount
$652,450
Forgiveness Date
Dec 15, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Sumerel Tire Service, INC
Address
700 Brighton St
ZIP Code
41071-1242
Business Type
Employee Stock Ownership Plan(esop)
Industry (NAICS)
Retail Trade (441320)
Business Age
Existing or more than 2 years old
Jobs Reported
58
Estimated Revenue
$15.7M
Rural/Urban
Urban
Congressional District
KY-04

Loan Use Breakdown

Payroll
$648,100

Lender Information

Servicing Lender
Stock Yards Bank & Trust Company
Originating Lender
Stock Yards Bank & Trust Company

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