PPP Loan information for Speedrack products group ltd

$3,692,600

Speedrack products group ltd was initially approved for PPP Loan of amount $3,692,600, the current approved amount is $3,692,600. The loan was approved on 04/07/2020 by The The Huntington National Bank reported 265 jobs and $3,692,600 was used to fund payroll.

Speedrack products group ltd is Existing or more than 2 years old

PPP Loan Search / MI / SPARTA / Speedrack products group ltd

SPEEDRACK PRODUCTS GROUP LTD

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SPEEDRACK PRODUCTS GROUP LTD

Borrower Address

7903 Venture Ave NW

Borrower City

SPARTA

Borrower State

MI

Borrower Zip

49345-9309

Loan Status Date

07/21/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3692600.00

Current Approval Amount

3692600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPARTA

Project County Name

KENT

Project State

MI

Project Zip

49345-9309

CD

MI-03

Jobs Reported

265

NAICS Code

332999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

3692600.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;