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Garland Tire Co. Inc.

$42,500 PPP Loan in Erwin, Tennessee

Loan Details

Loan Number
6505797000
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$42,500
Current Approval
$42,500
Forgiveness Amount
$42,976
Forgiveness Date
May 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Garland Tire Co. Inc.
Address
1212 N. Main Ave.
City
Erwin
State
Tennessee
ZIP Code
37650-9122
Business Type
Corporation
Industry (NAICS)
Retail Trade (441320)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
TN-01

Loan Use Breakdown

Payroll
$31,875
Utilities
$2,656
Mortgage Interest
$7,969

Lender Information

Servicing Lender
Mountain Commerce Bank
Originating Lender
Mountain Commerce Bank

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