PPP Loan information for Spartan carbide incorporated

$551,000

Spartan carbide incorporated was initially approved for PPP Loan of amount $551,000, the current approved amount is $551,000. The loan was approved on 03/20/2021 by The Comerica Bank reported 32 jobs and $551,000 was used to fund payroll.

Spartan carbide incorporated is Existing or more than 2 years old

SPARTAN CARBIDE INCORPORATED

Date Approved

03/20/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

SPARTAN CARBIDE INCORPORATED

Borrower Address

34110 Riviera

Borrower City

Fraser

Borrower State

MI

Borrower Zip

48026-4811

Loan Status Date

03/25/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

551000.00

Current Approval Amount

551000.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fraser

Project County Name

MACOMB

Project State

MI

Project Zip

48026-4811

CD

MI-10

Jobs Reported

32

NAICS Code

333515

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

550997.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

553326.44

Forgiveness Date

08/24/2021

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