Mt Vernon Rd Tire Co INC

$98,100 PPP Loan in Cedar Rapids, Iowa

Loan Details

Loan Number
5778357009
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$98,100
Current Approval
$98,100
Forgiveness Amount
$98,822
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mt Vernon Rd Tire Co INC
Address
4217 Mount Vernon Rd SE
State
Iowa
ZIP Code
52403-3932
Business Type
Corporation
Industry (NAICS)
Retail Trade (441320)
Business Age
Existing or more than 2 years old
Jobs Reported
11
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IA-02

Loan Use Breakdown

Payroll
$73,575
Rent
$14,715
Utilities
$9,810

Lender Information

Servicing Lender
Farmers State Bank
Originating Lender
Farmers State Bank

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