Herman Power Tire Service, Inc.
$211,200 PPP Loan in Nacogdoches, Texas
Loan Details
- Loan Number
- 6703097003
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $211,200
- Current Approval
- $211,200
- Forgiveness Amount
- $212,392
- Forgiveness Date
- Nov 3, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Herman Power Tire Service, Inc.
- Address
- 222 South St
- City
- Nacogdoches
- State
- Texas
- ZIP Code
- 75961-5540
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Wholesale Trade (423110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 19
- Estimated Revenue
- $5.8M
- Rural/Urban
- Rural
- Congressional District
- TX-17
Loan Use Breakdown
- Payroll
- $169,000
- Rent
- $20,000
- Utilities
- $22,200
Lender Information
- Servicing Lender
- Commercial Bank of Texas, N.a.
- Originating Lender
- Commercial Bank of Texas, N.a.
Other PPP Loans in Nacogdoches, TX
| Business | Approved | |
|---|---|---|
| Great Texas Foods | $2,855,100 | |
| Hill Country Restaurants | $2,526,478 | |
| Cal-Tex Lumber Company, Inc. | $2,490,000 | |
| Hill Country Restaurants | $2,000,000 | |
| Great Texas Foods | $2,000,000 |
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