# PPP loan: TIRE TECH INC.
> **$483K** approved 01/20/2021 · Paid in Full · Loan `2220368310`
## Borrower
- **Name:** TIRE TECH INC.
- **Address:** 2400 Ensley 5 Point West Avenue, Birmingham, AL, 35218
- **NAICS:** 441320
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $483K
- **Initial approval:** $483K
- **Forgiven:** $485K (100%)
- **Forgiveness date:** 06/29/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $483K
- **Utilities:** $1
- **Jobs reported:** 39
## Lender
- **Originating:** SouthPoint Bank
- **Servicing:** SouthPoint Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*