# PPP loan: TIRE WORLD INC
> **$237K** approved 02/04/2021 · Paid in Full · Loan `3128608410`
## Borrower
- **Name:** TIRE WORLD INC
- **Address:** 5257 Swanson Rd Ste O, Roscoe, IL, 61073-6318
- **NAICS:** 423130
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $237K
- **Initial approval:** $240K
- **Forgiven:** $240K (101%)
- **Forgiveness date:** 06/23/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $237K
- **Utilities:** $1
- **Jobs reported:** 22
## Lender
- **Originating:** Midland States Bank
- **Servicing:** Midland States Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*