PPP Loan information for Spm industries inc

$364,700

Spm industries inc was initially approved for PPP Loan of amount $364,700, the current approved amount is $364,700. The loan was approved on 04/12/2020 by The First State Bank reported 42 jobs and $364,700 was used to fund payroll.

Spm industries inc is Existing or more than 2 years old

PPP Loan Search / MI / Warren / Spm industries inc

SPM INDUSTRIES INC

Date Approved

04/12/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SPM INDUSTRIES INC

Borrower Address

2455 E Ten Mile Road

Borrower City

Warren

Borrower State

MI

Borrower Zip

48091-3704

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

364700.00

Current Approval Amount

364700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34492

Servicing Lender Name

First State Bank

Servicing Lender Address

16100 E Nine Mile Rd

Servicing Lender City

EASTPOINTE

Servicing Lender State

MI

Servicing Lender Zip

48021-2321

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Warren

Project County Name

MACOMB

Project State

MI

Project Zip

48091-3704

CD

MI-10

Jobs Reported

42

NAICS Code

332710

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

364700.00

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

34492

Originating Lender

First State Bank

Originating Lender City

EASTPOINTE

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

367797.45

Forgiveness Date

02/19/2021

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