PPP Loan information for Spense bros., inc.

$322,500

Spense bros., inc. was initially approved for PPP Loan of amount $322,500, the current approved amount is $322,500. The loan was approved on 04/15/2020 by The Bank of Ann Arbor reported 29 jobs and $322,500 was used to fund payroll.

Spense bros., inc. is Existing or more than 2 years old

PPP Loan Search / MI / Brighton / Spense bros., inc.

SPENSE BROS., INC.

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SPENSE BROS., INC.

Borrower Address

2094 Pless Dr.

Borrower City

Brighton

Borrower State

MI

Borrower Zip

48114-9463

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

322500.00

Current Approval Amount

322500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119903

Servicing Lender Name

Bank of Ann Arbor

Servicing Lender Address

125 S Fifth Ave

Servicing Lender City

ANN ARBOR

Servicing Lender State

MI

Servicing Lender Zip

48104-1910

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Brighton

Project County Name

LIVINGSTON

Project State

MI

Project Zip

48114-9463

CD

MI-07

Jobs Reported

29

NAICS Code

561790

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

17000.00

Payroll Proceed

296700.00

Mortgage Interest Proceed

0.00

Rent Proceed

8800.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

119903

Originating Lender

Bank of Ann Arbor

Originating Lender City

ANN ARBOR

Originating Lender State

MI

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

325088.84

Forgiveness Date

02/09/2021

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