# PPP loan: WESTMORELAND TIRE CO, INC
> **$297K** approved 04/30/2020 · Paid in Full · Loan `7343087305`
## Borrower
- **Name:** WESTMORELAND TIRE CO, INC
- **Address:** 1920 INDUSTRIAL BLVD, FORT PAYNE, AL, 35968-3604
- **NAICS:** 811111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $297K
- **Initial approval:** $297K
- **Forgiven:** $299K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $297K
- **Jobs reported:** 41
## Lender
- **Originating:** Regions Bank
- **Servicing:** Regions Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*