PPP Loan information for Spears engineering company

$30,407

Spears engineering company was initially approved for PPP Loan of amount $30,407, the current approved amount is $30,407. The loan was approved on 04/27/2020 by The Commercial National Bank of Texarkana reported 2 jobs and $30,407 was used to fund payroll.

Spears engineering company is Existing or more than 2 years old

SPEARS ENGINEERING COMPANY

Date Approved

04/27/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

SPEARS ENGINEERING COMPANY

Borrower Address

3605 JEFFERSON AVE

Borrower City

TEXARKANA

Borrower State

AR

Borrower Zip

71854-2241

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

30407.00

Current Approval Amount

30407.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4803

Servicing Lender Name

Commercial National Bank of Texarkana

Servicing Lender Address

5515 Summerhill Rd

Servicing Lender City

TEXARKANA

Servicing Lender State

TX

Servicing Lender Zip

75503-1821

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

TEXARKANA

Project County Name

MILLER

Project State

AR

Project Zip

71854-2241

CD

AR-04

Jobs Reported

2

NAICS Code

541330

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

30407.00

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

Sole Proprietorship

Originating Lender Location Id

4803

Originating Lender

Commercial National Bank of Texarkana

Originating Lender City

TEXARKANA

Originating Lender State

TX

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

28563.24

Forgiveness Date

11/19/2020

;