PPP Loan information for Spirit of america corporation

$59,900

Spirit of america corporation was initially approved for PPP Loan of amount $59,900, the current approved amount is $59,900. The loan was approved on 04/14/2020 by The First Merchants Bank reported 5 jobs and $59,900 was used to fund payroll.

Spirit of america corporation is Existing or more than 2 years old

SPIRIT OF AMERICA CORPORATION

Date Approved

04/14/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

SPIRIT OF AMERICA CORPORATION

Borrower Address

265 E BELL DR STE F

Borrower City

WARSAW

Borrower State

IN

Borrower Zip

46582-9301

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

59900.00

Current Approval Amount

59900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WARSAW

Project County Name

KOSCIUSKO

Project State

IN

Project Zip

46582-9301

CD

IN-02

Jobs Reported

5

NAICS Code

423610

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

59900.00

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

Subchapter S Corporation

Originating Lender Location Id

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

60269.25

Forgiveness Date

12/02/2020

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