Commercial Tire Services Inc.

$649,800 PPP Loan in Melrose Park, Illinois

Loan Details

Loan Number
5520387010
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$649,800
Current Approval
$657,633
Forgiveness Amount
$662,090
Forgiveness Date
Dec 16, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Commercial Tire Services Inc.
Address
30th Ave
ZIP Code
60160-3062
Business Type
Corporation
Industry (NAICS)
Retail Trade (441320)
Business Age
Existing or more than 2 years old
Jobs Reported
73
Estimated Revenue
$19.7M
Rural/Urban
Urban
Congressional District
IL-04

Loan Use Breakdown

Payroll
$493,225
Utilities
$65,763
Mortgage Interest
$98,645

Lender Information

Servicing Lender
Village Bank and Trust, National Association
Originating Lender
Village Bank and Trust, National Association

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