# PPP loan: TIRE TECH INC
> **$462K** approved 04/07/2020 · Paid in Full · Loan `7468107008`
## Borrower
- **Name:** TIRE TECH INC
- **Address:** 2400 ENSLEY 5 POINTS W AVE, BIRMINGHAM, AL, 35218-2846
- **NAICS:** 441310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $462K
- **Initial approval:** $462K
- **Forgiven:** $466K (101%)
- **Forgiveness date:** 03/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $462K
- **Jobs reported:** 41
## Lender
- **Originating:** SouthPoint Bank
- **Servicing:** SouthPoint Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*