Southern Indiana Tire, INC

$1,301,384 PPP Loan in Princeton, Indiana

Loan Details

Loan Number
8165677208
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$1,301,384
Current Approval
$1,301,384
Forgiveness Amount
$1,296,737
Forgiveness Date
Dec 29, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Southern Indiana Tire, INC
Address
1342 W 100 N
State
Indiana
ZIP Code
47670-8550
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423140)
Franchise
Bandag
Business Age
Existing or more than 2 years old
Jobs Reported
129
Estimated Revenue
$39.5M
Rural/Urban
Rural
Congressional District
IN-08

Loan Use Breakdown

Payroll
$1,076,384
Rent
$90,000
Utilities
$50,000
Health Care
$85,000

Lender Information

Servicing Lender
Sturgis Bank & Trust Company
Originating Lender
Sturgis Bank & Trust Company

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