PPP Loan information for Sparks and sommers insulation co. inc

$62,500

Sparks and sommers insulation co. inc was initially approved for PPP Loan of amount $62,500, the current approved amount is $62,500. The loan was approved on 02/02/2021 by The Comerica Bank reported 8 jobs and $62,500 was used to fund payroll.

Sparks and sommers insulation co. inc is Existing or more than 2 years old

PPP Loan Search / MI / Eastpointe / Sparks and sommers insulation co. inc

SPARKS AND SOMMERS INSULATION CO. INC

Date Approved

02/02/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

SPARKS AND SOMMERS INSULATION CO. INC

Borrower Address

23836 Gratiot Ave

Borrower City

Eastpointe

Borrower State

MI

Borrower Zip

48021-1648

Loan Status Date

08/03/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

62500.00

Current Approval Amount

62500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Eastpointe

Project County Name

MACOMB

Project State

MI

Project Zip

48021-1648

CD

MI-10

Jobs Reported

8

NAICS Code

238390

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

62497.00

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

Corporation

Originating Lender Location Id

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

63421.88

Forgiveness Date

07/26/2022

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