194 TIRE, INC. (NC) - 2020 PPP Loan Borrower Profile (# 1310077102)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 194 TIRE, 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 North Carolina.

Loan Detail

Loan Number

1310077102

SBA Office Code

0460

Processing Method

PPP

Curent Loan Amount

$12,111.64

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$12,215.26

Date Loan was Forgiven

Feb 25, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

605.58

Payroll Proced

9,083.73

Rent Proceed

2,422.33

Lender

LifeStore Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

441320

Borrower Location

Boone, NC

Project Location

Boone, NC

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.