ADVANCE TIRE CO. INC. (MA) - 2020 PPP Loan Borrower Profile (# 5270857310)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANCE TIRE 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 Massachusetts.

Loan Detail

Loan Number

5270857310

SBA Office Code

0101

Processing Method

PPP

Curent Loan Amount

$146,500

Date Loan was Approved

Apr 30, 2020

Amount Forgiven

$123,921.8

Date Loan was Forgiven

Aug 17, 2021

Loan Status

Exemption 4

Loan Term

60 Months

Payroll Proced

146,500

Lender

Citizens Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

811111

Borrower Location

CAMBRIDGE, MA

Project Location

CAMBRIDGE, MA

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.