PPP Loan information for Spotts insurance group inc

$275,830

Spotts insurance group inc was initially approved for PPP Loan of amount $275,830, the current approved amount is $275,830. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 24 jobs and $275,830 was used to fund payroll.

Spotts insurance group inc is Existing or more than 2 years old

SPOTTS INSURANCE GROUP INC

Date Approved

04/15/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

SPOTTS INSURANCE GROUP INC

Borrower Address

74 Commerce Drive

Borrower City

Wyomissing

Borrower State

PA

Borrower Zip

19610

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

275830.00

Current Approval Amount

275830.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wyomissing

Project County Name

BERKS

Project State

PA

Project Zip

19610-0001

CD

PA-06

Jobs Reported

24

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2000.00

Payroll Proceed

230000.00

Mortgage Interest Proceed

1000.00

Rent Proceed

20000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

22830.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

277893.06

Forgiveness Date

01/20/2021

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