PPP Loan information for Spinetti machinery

$289,700

Spinetti machinery was initially approved for PPP Loan of amount $328,200, the current approved amount is $289,700. The loan was approved on 04/13/2020 by The Umpqua Bank reported 17 jobs and $289,700 was used to fund payroll.

Spinetti machinery is Existing or more than 2 years old

SPINETTI MACHINERY

Date Approved

04/13/2020

SBA Office Code

0944

Processing Method

PPP

Borrower Name

SPINETTI MACHINERY

Borrower Address

5475 LOUIE LN SUITE C

Borrower City

RENO

Borrower State

NV

Borrower Zip

89511-1839

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

328200.00

Current Approval Amount

289700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59698

Servicing Lender Name

Umpqua Bank

Servicing Lender Address

445 SE Main St, First Fl

Servicing Lender City

ROSEBURG

Servicing Lender State

OR

Servicing Lender Zip

97470-4934

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

RENO

Project County Name

WASHOE

Project State

NV

Project Zip

89511-1839

CD

NV-02

Jobs Reported

17

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

289700.00

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

59698

Originating Lender

Umpqua Bank

Originating Lender City

ROSEBURG

Originating Lender State

OR

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

281178.96

Forgiveness Date

11/10/2020

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