PPP Loan information for Spear power systems, inc.

$816,600

Spear power systems, inc. was initially approved for PPP Loan of amount $816,600, the current approved amount is $816,600. The loan was approved on 04/06/2020 by The UMB Bank, National Association reported 68 jobs and $816,600 was used to fund payroll.

Spear power systems, inc. is New Business or 2 years or less

PPP Loan Search / MO / GRANDVIEW / Spear power systems, inc.

SPEAR POWER SYSTEMS, INC.

Date Approved

04/06/2020

SBA Office Code

0709

Processing Method

PPP

Borrower Name

SPEAR POWER SYSTEMS, INC.

Borrower Address

4020 E. 138th Street

Borrower City

GRANDVIEW

Borrower State

MO

Borrower Zip

64030-2838

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

816600.00

Current Approval Amount

816600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40891

Servicing Lender Name

UMB Bank, National Association

Servicing Lender Address

1010 Grand Blvd

Servicing Lender City

KANSAS CITY

Servicing Lender State

MO

Servicing Lender Zip

64106-2225

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

GRANDVIEW

Project County Name

JACKSON

Project State

MO

Project Zip

64030-2838

CD

MO-05

Jobs Reported

68

NAICS Code

335999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

816600.00

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

40891

Originating Lender

UMB Bank, National Association

Originating Lender City

KANSAS CITY

Originating Lender State

MO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

824607.22

Forgiveness Date

03/30/2021

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