Loftis Tire Company
$107,662 PPP Loan in Danville, Virginia
Loan Details
- Loan Number
- 6812747007
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $107,662
- Current Approval
- $107,662
- Forgiveness Amount
- $108,694
- Forgiveness Date
- Mar 26, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Loftis Tire Company
- Address
- 1047 South Boston Rd
- City
- Danville
- State
- Virginia
- ZIP Code
- 24540-4803
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Wholesale Trade (423130)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 12
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- VA-05
Loan Use Breakdown
- Payroll
- $86,130
- Rent
- $15,000
- Utilities
- $6,532
Lender Information
- Servicing Lender
- First National Bank
- Originating Lender
- First National Bank
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