PPP Loan information for Spradlin bros. welding

$175,000

Spradlin bros. welding was initially approved for PPP Loan of amount $175,000, the current approved amount is $175,000. The loan was approved on 04/08/2020 by The The Park National Bank reported 15 jobs and $175,000 was used to fund payroll.

Spradlin bros. welding is Existing or more than 2 years old

PPP Loan Search / OH / SPRINGFIELD / Spradlin bros. welding

SPRADLIN BROS. WELDING

Date Approved

04/08/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

SPRADLIN BROS. WELDING

Borrower Address

2131 Quality Lane

Borrower City

SPRINGFIELD

Borrower State

OH

Borrower Zip

45505-3625

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

175000.00

Current Approval Amount

175000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57912

Servicing Lender Name

The Park National Bank

Servicing Lender Address

50 N Third St

Servicing Lender City

NEWARK

Servicing Lender State

OH

Servicing Lender Zip

43055-5523

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPRINGFIELD

Project County Name

CLARK

Project State

OH

Project Zip

45505-3625

CD

OH-10

Jobs Reported

15

NAICS Code

332313

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

8000.00

Payroll Proceed

140000.00

Mortgage Interest Proceed

0.00

Rent Proceed

21000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

6000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

57912

Originating Lender

The Park National Bank

Originating Lender City

NEWARK

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

166048.77

Forgiveness Date

12/10/2020

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