PPP Loan information for Spencer products co

$632,500

Spencer products co was initially approved for PPP Loan of amount $632,500, the current approved amount is $632,500. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 60 jobs and $632,500 was used to fund payroll.

Spencer products co is New Business or 2 years or less

SPENCER PRODUCTS CO

Date Approved

05/01/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

SPENCER PRODUCTS CO

Borrower Address

1859 Summit Commerce Park

Borrower City

Twinsburg

Borrower State

OH

Borrower Zip

44087

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

632500.00

Current Approval Amount

632500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Twinsburg

Project County Name

SUMMIT

Project State

OH

Project Zip

44087-0001

CD

OH-13

Jobs Reported

60

NAICS Code

423840

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

632500.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

636901.51

Forgiveness Date

01/14/2021

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