BLACKS TIRE COMPANY LLC (IA) - 2020 PPP Loan Borrower Profile (# 2489048507)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BLACKS TIRE COMPANY LLC. 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 Iowa.

Loan Detail

Loan Number

2489048507

SBA Office Code

0761

Processing Method

PPS

Curent Loan Amount

$46,010

Date Loan was Approved

Feb 20, 2021

Amount Forgiven

$46,188.93

Date Loan was Forgiven

Jul 16, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

46,010

Lender

South Ottumwa Savings Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

441320

Borrower Location

Ottumwa, IA

Project Location

Ottumwa, IA

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.