PPP Loan information for Spear management group inc

$447,800

Spear management group inc was initially approved for PPP Loan of amount $447,800, the current approved amount is $447,800. The loan was approved on 04/28/2020 by The Savers Co-Operative Bank reported 42 jobs and $447,800 was used to fund payroll.

Spear management group inc is Existing or more than 2 years old

PPP Loan Search / MA / AUBURN / Spear management group inc

SPEAR MANAGEMENT GROUP INC

Date Approved

04/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SPEAR MANAGEMENT GROUP INC

Borrower Address

575 SOUTHBRIDGE ST

Borrower City

AUBURN

Borrower State

MA

Borrower Zip

01501-1947

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

447800.00

Current Approval Amount

447800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89242

Servicing Lender Name

Savers Co-Operative Bank

Servicing Lender Address

270 Main St

Servicing Lender City

SOUTHBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

01550-2553

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AUBURN

Project County Name

WORCESTER

Project State

MA

Project Zip

01501-1947

CD

MA-02

Jobs Reported

42

NAICS Code

531311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

447800.00

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

Subchapter S Corporation

Originating Lender Location Id

89242

Originating Lender

Savers Co-Operative Bank

Originating Lender City

SOUTHBRIDGE

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

402799.90

Forgiveness Date

05/21/2021

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