PPP Loan information for Spires motors inc

$794,242

Spires motors inc was initially approved for PPP Loan of amount $794,242, the current approved amount is $794,242. The loan was approved on 04/08/2020 by The The Huntington National Bank reported 57 jobs and $794,242 was used to fund payroll.

Spires motors inc is Existing or more than 2 years old

SPIRES MOTORS INC

Date Approved

04/08/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

SPIRES MOTORS INC

Borrower Address

3820 Parkway Lane

Borrower City

HILLIARD

Borrower State

OH

Borrower Zip

43026

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

794242.00

Current Approval Amount

794242.00

Undisbursed Amount

0.00

Franchise Name

Honda Automobile Division - Dealer Sales and Service Agreement

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LANCASTER

Project County Name

FAIRFIELD

Project State

OH

Project Zip

43130-0001

CD

OH-12

Jobs Reported

57

NAICS Code

423110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

794242.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

801444.58

Forgiveness Date

03/29/2021

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