# PPP loan: BOB'S TIRE SERVICE, INC.
> **$265K** approved 04/08/2020 · Paid in Full · Loan `8140037001`
## Borrower
- **Name:** BOB'S TIRE SERVICE, INC.
- **Address:** 4540 Valley Road, BERKELEY SPRINGS, WV, 25411-4616
- **NAICS:** 441320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $265K
- **Initial approval:** $265K
- **Forgiven:** $267K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $212K
- **Rent:** $6K
- **Utilities:** $46K
- **Debt interest:** $500
- **Jobs reported:** 21
## Lender
- **Originating:** CNB Bank, Inc.
- **Servicing:** CNB Bank, Inc. (WV)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*