PPP Loan information for Spare part solutions, inc.

$250,914

Spare part solutions, inc. was initially approved for PPP Loan of amount $250,914, the current approved amount is $250,914. The loan was approved on 01/16/2021 by The Stillman BancCorp N.A. reported 21 jobs and $250,914 was used to fund payroll.

Spare part solutions, inc. is Existing or more than 2 years old

SPARE PART SOLUTIONS, INC.

Date Approved

01/16/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

SPARE PART SOLUTIONS, INC.

Borrower Address

3374 Precision Dr

Borrower City

Rockford

Borrower State

IL

Borrower Zip

61109-2768

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

250914.12

Current Approval Amount

250914.12

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22671

Servicing Lender Name

Stillman BancCorp N.A.

Servicing Lender Address

101 E Main St

Servicing Lender City

STILLMAN VALLEY

Servicing Lender State

IL

Servicing Lender Zip

61084-9027

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Rockford

Project County Name

WINNEBAGO

Project State

IL

Project Zip

61109-2768

CD

IL-17

Jobs Reported

21

NAICS Code

332999

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

250912.12

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

Corporation

Originating Lender Location Id

22671

Originating Lender

Stillman BancCorp N.A.

Originating Lender City

STILLMAN VALLEY

Originating Lender State

IL

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

252586.88

Forgiveness Date

09/23/2021

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