# PPP loan: CITY TIRE COMPANY INC
> **$992K** approved 04/08/2020 · Paid in Full · Loan `7777407008`
## Borrower
- **Name:** CITY TIRE COMPANY INC
- **Address:** 25 AVOCADO ST, SPRINGFIELD, MA, 01104-3303
- **NAICS:** 441320
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $992K
- **Initial approval:** $992K
- **Forgiven:** $1.00M (101%)
- **Forgiveness date:** 04/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $992K
- **Jobs reported:** 85
## Lender
- **Originating:** Westfield Bank
- **Servicing:** Westfield Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*