ABLE TIRE AND BRAKE CO INC (CA) - 2020 PPP Loan Borrower Profile (# 7748917303)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABLE TIRE AND BRAKE CO INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in California.

Loan Detail

Loan Number

7748917303

SBA Office Code

0912

Processing Method

PPP

Curent Loan Amount

$338,826

Date Loan was Approved

Apr 30, 2020

Amount Forgiven

$340,719.71

Date Loan was Forgiven

Dec 3, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

338,826

Lender

Westamerica Bank

Business Detail

Business Type

Corporation

NAICS

811111

Borrower Location

Novato, CA

Project Location

Novato, CA

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.