Mike's Tire and Recapping Inc.
$121,800 PPP Loan in Hayes, Virginia
Loan Details
- Loan Number
- 9325497000
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $121,800
- Current Approval
- $121,800
- Forgiveness Amount
- $122,680
- Forgiveness Date
- Dec 31, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Mike's Tire and Recapping Inc.
- Address
- 4009 George Washington Memorial Hwy
- City
- Hayes
- State
- Virginia
- ZIP Code
- 23072-2930
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (326212)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 12
- Estimated Revenue
- $11.9M
- Rural/Urban
- Rural
- Congressional District
- VA-01
Loan Use Breakdown
- Payroll
- $91,337
- Rent
- $18,600
- Utilities
- $5,820
- Health Care
- $5,620
- Debt Interest
- $423
Lender Information
- Servicing Lender
- Chesapeake Bank
- Originating Lender
- Chesapeake Bank
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