PPP Loan information for Spm development inc

$275,000

Spm development inc was initially approved for PPP Loan of amount $275,000, the current approved amount is $275,000. The loan was approved on 04/04/2020 by The Liberty Federal Credit Union reported 23 jobs and $275,000 was used to fund payroll.

Spm development inc is Existing or more than 2 years old

SPM DEVELOPMENT INC

Date Approved

04/04/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

SPM DEVELOPMENT INC

Borrower Address

304 E State Rd 68

Borrower City

HAUBSTADT

Borrower State

IN

Borrower Zip

47639

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

275000.00

Current Approval Amount

275000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

96415

Servicing Lender Name

Liberty Federal Credit Union

Servicing Lender Address

4405 Theater Dr

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47715-1967

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HAUBSTADT

Project County Name

GIBSON

Project State

IN

Project Zip

47639-0001

CD

IN-08

Jobs Reported

23

NAICS Code

236118

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

27500.00

Payroll Proceed

220000.00

Mortgage Interest Proceed

13750.00

Rent Proceed

13750.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

96415

Originating Lender

Liberty Federal Credit Union

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

276536.99

Forgiveness Date

11/05/2020

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