PPP Loan information for Spicer group, inc.

$3,546,200

Spicer group, inc. was initially approved for PPP Loan of amount $3,546,200, the current approved amount is $3,546,200. The loan was approved on 04/03/2020 by The 1st State Bank reported 194 jobs and $3,546,200 was used to fund payroll.

Spicer group, inc. is Existing or more than 2 years old

SPICER GROUP, INC.

Date Approved

04/03/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SPICER GROUP, INC.

Borrower Address

230 S. Washington Avenue

Borrower City

SAGINAW

Borrower State

MI

Borrower Zip

48607-1243

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3546200.00

Current Approval Amount

3546200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378002

Servicing Lender Name

1st State Bank

Servicing Lender Address

4800 Fashion Square Blvd, Ste 100

Servicing Lender City

SAGINAW

Servicing Lender State

MI

Servicing Lender Zip

48604-2619

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

48607-1243

CD

MI-08

Jobs Reported

194

NAICS Code

541330

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

3171200.00

Mortgage Interest Proceed

0.00

Rent Proceed

125000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

250000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

378002

Originating Lender

1st State Bank

Originating Lender City

SAGINAW

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

3588261.87

Forgiveness Date

06/15/2021

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