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Salem Tire Center, INC

$316,100 PPP Loan in Salem, Illinois

Loan Details

Loan Number
7999547010
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$316,100
Current Approval
$316,100
Forgiveness Amount
$319,174
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Salem Tire Center, INC
Address
1100 Main St
City
Salem
State
Illinois
ZIP Code
62881-3503
Business Type
Corporation
Industry (NAICS)
Retail Trade (441320)
Business Age
Existing or more than 2 years old
Jobs Reported
42
Estimated Revenue
$11.4M
Rural/Urban
Rural
Congressional District
IL-12

Loan Use Breakdown

Payroll
$316,100

Lender Information

Servicing Lender
Peoples National Bank, National Association
Originating Lender
Peoples National Bank, National Association

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