Despino's Tire Service, INC

$367,800 PPP Loan in Alexandria, Louisiana

Loan Details

Loan Number
7720837105
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$367,800
Current Approval
$367,800
Forgiveness Amount
$370,783
Forgiveness Date
Feb 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Despino's Tire Service, INC
Address
3011 N Macarthur Dr
ZIP Code
71303-4143
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441320)
Business Age
Existing or more than 2 years old
Jobs Reported
38
Estimated Revenue
$10.3M
Rural/Urban
Rural
Congressional District
LA-05

Loan Use Breakdown

Payroll
$300,000
Rent
$37,800
Utilities
$30,000

Lender Information

Servicing Lender
Bom Bank
Originating Lender
Bom Bank

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