Frederickson Tire Company INC

$305,500 PPP Loan in Sheffield, Alabama

Loan Details

Loan Number
8432887000
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$305,500
Current Approval
$305,500
Forgiveness Amount
$307,392
Forgiveness Date
Nov 25, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Frederickson Tire Company INC
Address
601 S Montgomery Ave
State
Alabama
ZIP Code
35660-3809
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811111)
Business Age
Existing or more than 2 years old
Jobs Reported
42
Estimated Revenue
$8.2M
Rural/Urban
Rural
Congressional District
AL-04

Loan Use Breakdown

Payroll
$229,125
Utilities
$30,550
Mortgage Interest
$45,825

Lender Information

Servicing Lender
First Metro Bank
Originating Lender
First Metro Bank

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