PPP Loan information for Spin-rite, inc.

$87,500

Spin-rite, inc. was initially approved for PPP Loan of amount $87,500, the current approved amount is $87,500. The loan was approved on 04/06/2020 by The ESL FCU reported 10 jobs and $87,500 was used to fund payroll.

Spin-rite, inc. is Existing or more than 2 years old

SPIN-RITE, INC.

Date Approved

04/06/2020

SBA Office Code

0219

Processing Method

PPP

Borrower Name

SPIN-RITE, INC.

Borrower Address

30 DUBELBEISS LN

Borrower City

ROCHESTER

Borrower State

NY

Borrower Zip

14622-2402

Loan Status Date

04/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

87500.00

Current Approval Amount

87500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120761

Servicing Lender Name

ESL FCU

Servicing Lender Address

225 Chestnut St

Servicing Lender City

ROCHESTER

Servicing Lender State

NY

Servicing Lender Zip

14604-2426

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ROCHESTER

Project County Name

MONROE

Project State

NY

Project Zip

14622-2402

CD

NY-25

Jobs Reported

10

NAICS Code

561730

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

87500.00

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

120761

Originating Lender

ESL FCU

Originating Lender City

ROCHESTER

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

88321.53

Forgiveness Date

03/25/2021

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