Lane's Tire and Oil Service, Inc.
$61,100 PPP Loan in Demopolis, Alabama
Loan Details
- Loan Number
- 5398857004
- Date Approved
- Apr 5, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $61,100
- Current Approval
- $61,100
- Forgiveness Amount
- $61,774
- Forgiveness Date
- May 13, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Lane's Tire and Oil Service, Inc.
- Address
- 1100 US Hwy 80 West
- City
- Demopolis
- State
- Alabama
- ZIP Code
- 36732
- Business Type
- Corporation
- Industry (NAICS)
- Retail Trade (441320)
- Franchise
- Tire Pros
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 8
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- AL-07
Loan Use Breakdown
- Payroll
- $52,900
- Rent
- $6,000
- Utilities
- $2,200
Lender Information
- Servicing Lender
- Merchants & Farmers Bank of Greene County
- Originating Lender
- Merchants & Farmers Bank of Greene County
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