# PPP loan: DISCOUNT TIRE & BRAKE, INC.
> **$154K** approved 04/13/2020 · Paid in Full · Loan `4523927105`
## Borrower
- **Name:** DISCOUNT TIRE & BRAKE, INC.
- **Address:** 7325 Kanis Road, LITTLE ROCK, AR, 72204
- **NAICS:** 811111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $154K
- **Initial approval:** $154K
- **Forgiven:** $156K (101%)
- **Forgiveness date:** 04/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $116K
- **Mortgage interest:** $37K
- **Utilities:** $2K
- **Jobs reported:** 15
## Lender
- **Originating:** First National Bank
- **Servicing:** First National Bank (AR)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*