PPP Loan information for Sportsarama, inc.

$65,660

Sportsarama, inc. was initially approved for PPP Loan of amount $65,660, the current approved amount is $65,660. The loan was approved on 04/07/2020 by The Sturgis Bank & Trust Company reported 7 jobs and $65,660 was used to fund payroll.

Sportsarama, inc. is Existing or more than 2 years old

SPORTSARAMA, INC.

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SPORTSARAMA, INC.

Borrower Address

114 W CHICAGO RD

Borrower City

STURGIS

Borrower State

MI

Borrower Zip

49091-1708

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

65660.00

Current Approval Amount

65660.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79717

Servicing Lender Name

Sturgis Bank & Trust Company

Servicing Lender Address

113-125 E Chicago Rd

Servicing Lender City

STURGIS

Servicing Lender State

MI

Servicing Lender Zip

49091-1754

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

STURGIS

Project County Name

SAINT JOSEPH

Project State

MI

Project Zip

49091-1708

CD

MI-06

Jobs Reported

7

NAICS Code

451110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3660.00

Payroll Proceed

55000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

6000.00

Debt Interest Proceed

1000

Business Type

Corporation

Originating Lender Location Id

79717

Originating Lender

Sturgis Bank & Trust Company

Originating Lender City

STURGIS

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

57991.48

Forgiveness Date

01/19/2021

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