Tire Wholesalers Company

$1,600,000 PPP Loan in Troy, Michigan

Loan Details

Loan Number
9567157006
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$1,600,000
Current Approval
$1,600,000
Forgiveness Amount
$1,619,687
Forgiveness Date
Jul 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Tire Wholesalers Company
Address
1783 E 14 Mile Road 0.0
City
Troy
ZIP Code
48083-4617
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423130)
Business Age
Existing or more than 2 years old
Jobs Reported
136
Estimated Revenue
$41.7M
Rural/Urban
Urban
Congressional District
MI-11

Loan Use Breakdown

Payroll
$1,160,000
Rent
$262,000
Utilities
$46,000
Health Care
$132,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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