PPP Loan information for Sparc

$981,832

Sparc was initially approved for PPP Loan of amount $981,832, the current approved amount is $981,832. The loan was approved on 04/05/2020 by The INB, National Association reported 175 jobs and $981,832 was used to fund payroll.

Sparc is Existing or more than 2 years old

SPARC

Date Approved

04/05/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

SPARC

Borrower Address

232 Bruns Lane

Borrower City

SPRINGFIELD

Borrower State

IL

Borrower Zip

62702-4613

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

981832.05

Current Approval Amount

981832.05

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21366

Servicing Lender Name

INB, National Association

Servicing Lender Address

322 E Capitol Ave

Servicing Lender City

SPRINGFIELD

Servicing Lender State

IL

Servicing Lender Zip

62701-1710

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SPRINGFIELD

Project County Name

SANGAMON

Project State

IL

Project Zip

62702-4613

CD

IL-13

Jobs Reported

175

NAICS Code

624310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

981832.05

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

Non-Profit Organization

Originating Lender Location Id

21366

Originating Lender

INB, National Association

Originating Lender City

SPRINGFIELD

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

989577.61

Forgiveness Date

01/25/2021

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