PPP Loan information for Spring initiative, inc.

$94,500

Spring initiative, inc. was initially approved for PPP Loan of amount $94,500, the current approved amount is $94,500. The loan was approved on 04/05/2020 by The Planters Bank & Trust Company reported 16 jobs and $94,500 was used to fund payroll.

Spring initiative, inc. is Existing or more than 2 years old

PPP Loan Search / MS / CLARKSDALE / Spring initiative, inc.

SPRING INITIATIVE, INC.

Date Approved

04/05/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

SPRING INITIATIVE, INC.

Borrower Address

405 East 2ND ST

Borrower City

CLARKSDALE

Borrower State

MS

Borrower Zip

38614-4411

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

94500.00

Current Approval Amount

94500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39763

Servicing Lender Name

Planters Bank & Trust Company

Servicing Lender Address

212 Catchings Ave

Servicing Lender City

INDIANOLA

Servicing Lender State

MS

Servicing Lender Zip

38751-2408

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CLARKSDALE

Project County Name

COAHOMA

Project State

MS

Project Zip

38614-4411

CD

MS-02

Jobs Reported

16

NAICS Code

813319

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

94500.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

39763

Originating Lender

Planters Bank & Trust Company

Originating Lender City

INDIANOLA

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

95232.70

Forgiveness Date

01/25/2021

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