# PPP loan: TIRE FACTORY INC.
> **$1.05M** approved 04/27/2020 · Paid in Full · Loan `4738327208`
## Borrower
- **Name:** TIRE FACTORY INC.
- **Address:** 6102 N Marine Dr, PORTLAND, OR, 97203
- **NAICS:** 423130
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.05M
- **Initial approval:** $1.05M
- **Forgiven:** $1.06M (101%)
- **Forgiveness date:** 06/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $784K
- **Rent:** $163K
- **Mortgage interest:** $10K
- **Utilities:** $20K
- **Health care:** $68K
- **Jobs reported:** 96
## Lender
- **Originating:** Lewis & Clark Bank
- **Servicing:** Lewis & Clark Bank (OR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*