PPP Loan information for Spinners of albany, inc

$147,700

Spinners of albany, inc was initially approved for PPP Loan of amount $147,700, the current approved amount is $147,700. The loan was approved on 04/08/2020 by The Trustco Bank reported 21 jobs and $147,700 was used to fund payroll.

Spinners of albany, inc is Existing or more than 2 years old

SPINNERS OF ALBANY, INC

Date Approved

04/08/2020

SBA Office Code

0248

Processing Method

PPP

Borrower Name

SPINNERS OF ALBANY, INC

Borrower Address

22 Picotte Drive

Borrower City

ALBANY

Borrower State

NY

Borrower Zip

12208-3903

Loan Status Date

05/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

147700.00

Current Approval Amount

147700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89116

Servicing Lender Name

Trustco Bank

Servicing Lender Address

1 Sarnowski Dr

Servicing Lender City

GLENVILLE

Servicing Lender State

NY

Servicing Lender Zip

12302-3503

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALBANY

Project County Name

ALBANY

Project State

NY

Project Zip

12208-3903

CD

NY-20

Jobs Reported

21

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

14750.00

Payroll Proceed

118178.00

Mortgage Interest Proceed

14772.00

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

89116

Originating Lender

Trustco Bank

Originating Lender City

GLENVILLE

Originating Lender State

NY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

149160.59

Forgiveness Date

04/08/2021

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