# PPP loan: 1ST TIRE AND WHEEL, INC
> **$465K** approved 04/28/2020 · Paid in Full · Loan `8476347200`
## Borrower
- **Name:** 1ST TIRE AND WHEEL, INC
- **Address:** 2101 SOUTHERN EXPY, CAPE GIRARDEAU, MO, 63703-7636
- **NAICS:** 423140
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $465K
- **Initial approval:** $465K
- **Forgiven:** $470K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $384K
- **Rent:** $36K
- **Utilities:** $5K
- **Health care:** $40K
- **Jobs reported:** 39
## Lender
- **Originating:** Sturgis Bank & Trust Company
- **Servicing:** Sturgis Bank & Trust Company (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*