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 04/07/2020 by The Central Savings Bank reported 80 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

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SPAP INC.

Borrower Address

3303 I 75 BUSINESS SPUR

Borrower City

SAULT SAINTE MARIE

Borrower State

MI

Borrower Zip

49783-3604

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

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

49783-3604

CD

MI-01

Jobs Reported

80

NAICS Code

541211

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

25489.00

Payroll Proceed

340550.00

Mortgage Interest Proceed

17011.00

Rent Proceed

71016.00

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

457610.24

Forgiveness Date

01/20/2021

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