# PPP loan: THOMPSON'S OK TIRE INC.
> **$340K** approved 04/05/2020 · Paid in Full · Loan `5523307003`
## Borrower
- **Name:** THOMPSON'S OK TIRE INC.
- **Address:** 1221 N. INDEPENDENCE AVE, BELOIT, KS, 67420-2155
- **NAICS:** 441320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $340K
- **Initial approval:** $340K
- **Forgiven:** $342K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $340K
- **Jobs reported:** 25
## Lender
- **Originating:** Guaranty State Bank and Trust Company
- **Servicing:** Guaranty State Bank and Trust Company (KS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*