PPP Loan information for Spates construction inc.

$163,550

Spates construction inc. was initially approved for PPP Loan of amount $163,550, the current approved amount is $163,550. The loan was approved on 02/12/2021 by The Passumpsic Savings Bank reported 10 jobs and $163,550 was used to fund payroll.

Spates construction inc. is Existing or more than 2 years old

SPATES CONSTRUCTION INC.

Date Approved

02/12/2021

SBA Office Code

0150

Processing Method

PPP

Borrower Name

SPATES CONSTRUCTION INC.

Borrower Address

1876 Beebe Rd

Borrower City

Newport

Borrower State

VT

Borrower Zip

05855-8978

Loan Status Date

03/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

163550.00

Current Approval Amount

163550.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73045

Servicing Lender Name

Passumpsic Savings Bank

Servicing Lender Address

497 Railroad St

Servicing Lender City

SAINT JOHNSBURY

Servicing Lender State

VT

Servicing Lender Zip

05819-1643

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newport

Project County Name

ORLEANS

Project State

VT

Project Zip

05855-8978

CD

VT-

Jobs Reported

10

NAICS Code

236220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

163549.00

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

Corporation

Originating Lender Location Id

73045

Originating Lender

Passumpsic Savings Bank

Originating Lender City

SAINT JOHNSBURY

Originating Lender State

VT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

164423.76

Forgiveness Date

08/31/2021

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