Alma Tire Service INC

$720,500 PPP Loan in Alma, Michigan

Loan Details

Loan Number
8064027006
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$720,500
Current Approval
$720,500
Forgiveness Amount
$726,146
Forgiveness Date
Jan 28, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Alma Tire Service INC
Address
1210 E Superior St
City
Alma
ZIP Code
48801-2658
Business Type
Corporation
Industry (NAICS)
Retail Trade (441320)
Business Age
Existing or more than 2 years old
Jobs Reported
67
Estimated Revenue
$18.1M
Rural/Urban
Rural
Congressional District
MI-02

Loan Use Breakdown

Payroll
$626,500
Rent
$74,000
Utilities
$20,000

Lender Information

Servicing Lender
Commercial Bank
Originating Lender
Commercial Bank

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