PPP Loan information for Sparton technology corp.

$818,400

Sparton technology corp. was initially approved for PPP Loan of amount $818,400, the current approved amount is $818,400. The loan was approved on 04/14/2020 by The Enterprise Bank and Trust Company reported 68 jobs and $818,400 was used to fund payroll.

Sparton technology corp. is Existing or more than 2 years old

SPARTON TECHNOLOGY CORP.

Date Approved

04/14/2020

SBA Office Code

0189

Processing Method

PPP

Borrower Name

SPARTON TECHNOLOGY CORP.

Borrower Address

8 HAMPSHIRE DR

Borrower City

HUDSON

Borrower State

NH

Borrower Zip

03051-4921

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

818400.00

Current Approval Amount

818400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112598

Servicing Lender Name

Enterprise Bank and Trust Company

Servicing Lender Address

222 Merrimack St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-5913

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HUDSON

Project County Name

HILLSBOROUGH

Project State

NH

Project Zip

03051-4921

CD

NH-02

Jobs Reported

68

NAICS Code

332710

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

654700.00

Mortgage Interest Proceed

0.00

Rent Proceed

61700.00

Refinance EIDL Proceed

0.00

Health Care Proceed

102000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

112598

Originating Lender

Enterprise Bank and Trust Company

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

825492.80

Forgiveness Date

03/03/2021

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