PPP Loan information for Spirit products, ltc

$499,800

Spirit products, ltc was initially approved for PPP Loan of amount $499,800, the current approved amount is $499,800. The loan was approved on 04/11/2020 by The The Lowell Five Cent Savings Bank reported 42 jobs and $499,800 was used to fund payroll.

Spirit products, ltc is Existing or more than 2 years old

PPP Loan Search / MA / METHUEN / Spirit products, ltc

SPIRIT PRODUCTS, LTC

Date Approved

04/11/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SPIRIT PRODUCTS, LTC

Borrower Address

55 CHASE ST

Borrower City

METHUEN

Borrower State

MA

Borrower Zip

01844-3700

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

499800.00

Current Approval Amount

499800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32962

Servicing Lender Name

The Lowell Five Cent Savings Bank

Servicing Lender Address

34 John St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-1107

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

METHUEN

Project County Name

ESSEX

Project State

MA

Project Zip

01844-3700

CD

MA-03

Jobs Reported

42

NAICS Code

315990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

9198.00

Payroll Proceed

400303.00

Mortgage Interest Proceed

0.00

Rent Proceed

19748.00

Refinance EIDL Proceed

0.00

Health Care Proceed

57601.00

Debt Interest Proceed

12950

Business Type

Corporation

Originating Lender Location Id

32962

Originating Lender

The Lowell Five Cent Savings Bank

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

502524.94

Forgiveness Date

11/03/2020

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