PPP Loan information for Spap inc.

$454,066

Spap inc. was initially approved for PPP Loan of amount $454,066, the current approved amount is $454,066. The loan was approved on 01/19/2021 by The Central Savings Bank reported 78 jobs and $454,066 was used to fund payroll.

Spap inc. is Existing or more than 2 years old

PPP Loan Search / MI / Sault Sainte Marie / Spap inc.

SPAP INC.

Date Approved

01/19/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

SPAP INC.

Borrower Address

3303 I 75 Business Spur

Borrower City

Sault Sainte Marie

Borrower State

MI

Borrower Zip

49783-3632

Loan Status Date

02/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

454066.00

Current Approval Amount

454066.00

Undisbursed Amount

0.00

Franchise Name

H&R Block - Franchise License Agreement

Servicing Lender Location Id

36459

Servicing Lender Name

Central Savings Bank

Servicing Lender Address

511 Bingham Ave

Servicing Lender City

SAULT SAINTE MARIE

Servicing Lender State

MI

Servicing Lender Zip

49783-2101

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sault Sainte Marie

Project County Name

CHIPPEWA

Project State

MI

Project Zip

49783-3632

CD

MI-01

Jobs Reported

78

NAICS Code

541213

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

454063.00

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

36459

Originating Lender

Central Savings Bank

Originating Lender City

SAULT SAINTE MARIE

Originating Lender State

MI

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

458707.56

Forgiveness Date

01/26/2022

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