Federal Tire INC

$135,100 PPP Loan in Laredo, Texas

Loan Details

Loan Number
8075697003
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$135,100
Current Approval
$135,100
Forgiveness Amount
$124,593
Forgiveness Date
Mar 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Federal Tire INC
Address
1310 N Bartlett Ave
City
Laredo
State
Texas
ZIP Code
78043-3446
Business Type
Corporation
Industry (NAICS)
Retail Trade (441320)
Business Age
Existing or more than 2 years old
Jobs Reported
18
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
TX-28

Loan Use Breakdown

Payroll
$108,156
Rent
$13,900
Utilities
$6,903
Health Care
$480
Mortgage Interest
$5,661

Lender Information

Servicing Lender
Texas Community Bank
Originating Lender
Texas Community Bank

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