# PPP loan: JIM GRIZZLE TIRE CO., INC.
> **$255K** approved 04/07/2020 · Paid in Full · Loan `6881787001`
## Borrower
- **Name:** JIM GRIZZLE TIRE CO., INC.
- **Address:** 3002 Towson Avenue, FORT SMITH, AR, 72901-6355
- **NAICS:** 441320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $255K
- **Initial approval:** $255K
- **Forgiven:** $258K (101%)
- **Forgiveness date:** 08/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $191K
- **Rent:** $21K
- **Mortgage interest:** $21K
- **Utilities:** $21K
- **Jobs reported:** 35
## Lender
- **Originating:** The First National Bank of Fort Smith
- **Servicing:** The First National Bank of Fort Smith (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*