PPP Loan information for Offshore spars co.

$265,998

Offshore spars co. was initially approved for PPP Loan of amount $265,998, the current approved amount is $265,998. The loan was approved on 03/08/2021 by The Fifth Third Bank reported 30 jobs and $265,998 was used to fund payroll.

Offshore spars co. is Existing or more than 2 years old

OFFSHORE SPARS CO.

Date Approved

03/08/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

OFFSHORE SPARS CO.

Borrower Address

50200 E Russell Schmidt Blvd

Borrower City

Chesterfield

Borrower State

MI

Borrower Zip

48051-2445

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

265997.75

Current Approval Amount

265997.75

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Chesterfield

Project County Name

MACOMB

Project State

MI

Project Zip

48051-2445

CD

MI-09

Jobs Reported

30

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

265995.75

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

266766.19

Forgiveness Date

06/25/2021

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