Lane's Tire and Muffler Service, INC

$33,900 PPP Loan in Linden, Alabama

Loan Details

Loan Number
5503047000
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$33,900
Current Approval
$33,900
Forgiveness Amount
$34,273
Forgiveness Date
May 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lane's Tire and Muffler Service, INC
Address
1118 South Main Street
City
Linden
State
Alabama
ZIP Code
36748-3123
Business Type
Corporation
Industry (NAICS)
Retail Trade (441320)
Business Age
Existing or more than 2 years old
Jobs Reported
4
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
AL-07

Loan Use Breakdown

Payroll
$27,130
Rent
$6,000
Utilities
$770

Lender Information

Servicing Lender
Merchants & Farmers Bank of Greene County
Originating Lender
Merchants & Farmers Bank of Greene County

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