PPP Loan information for Spear power systems

$1,180,970

Spear power systems was initially approved for PPP Loan of amount $1,180,970, the current approved amount is $1,180,970. The loan was approved on 03/17/2021 by The UMB Bank, National Association reported 71 jobs and $1,180,970 was used to fund payroll.

Spear power systems is Existing or more than 2 years old

PPP Loan Search / MO / Grandview / Spear power systems

SPEAR POWER SYSTEMS

Date Approved

03/17/2021

SBA Office Code

0709

Processing Method

PPS

Borrower Name

SPEAR POWER SYSTEMS

Borrower Address

4020 E 138th St

Borrower City

Grandview

Borrower State

MO

Borrower Zip

64030-2838

Loan Status Date

09/30/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1180970.00

Current Approval Amount

1180970.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40891

Servicing Lender Name

UMB Bank, National Association

Servicing Lender Address

1010 Grand Blvd

Servicing Lender City

KANSAS CITY

Servicing Lender State

MO

Servicing Lender Zip

64106-2225

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Grandview

Project County Name

JACKSON

Project State

MO

Project Zip

64030-2838

CD

MO-05

Jobs Reported

71

NAICS Code

335999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1180964.00

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

40891

Originating Lender

UMB Bank, National Association

Originating Lender City

KANSAS CITY

Originating Lender State

MO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1186382.78

Forgiveness Date

09/07/2021

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