M & R Retreading & Oil Co INC

$112,500 PPP Loan in Norwood, North Carolina

Loan Details

Loan Number
6855617101
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$112,500
Current Approval
$112,500
Forgiveness Amount
$113,488
Forgiveness Date
Mar 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
M & R Retreading & Oil Co INC
Address
337 Whitley St
ZIP Code
28128-8712
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (811198)
Business Age
Existing or more than 2 years old
Jobs Reported
20
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
NC-08

Loan Use Breakdown

Payroll
$90,000
Rent
$7,000
Utilities
$3,894
Health Care
$11,606

Lender Information

Servicing Lender
Uwharrie Bank
Originating Lender
Uwharrie Bank

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