PPP Loan information for Spence brothers

$2,000,000

Spence brothers was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/26/2021 by The The Huntington National Bank reported 141 jobs and $2,000,000 was used to fund payroll.

Spence brothers is Existing or more than 2 years old

SPENCE BROTHERS

Date Approved

01/26/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

SPENCE BROTHERS

Borrower Address

203 S Washington Ave Ste 360

Borrower City

Saginaw

Borrower State

MI

Borrower Zip

48607-1217

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Saginaw

Project County Name

SAGINAW

Project State

MI

Project Zip

48607-1217

CD

MI-08

Jobs Reported

141

NAICS Code

236210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2000000.00

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

Subchapter S Corporation

Originating Lender Location Id

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2017041.10

Forgiveness Date

12/07/2021

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