PPP Loan information for Sposato irrigation company inc.

$323,720

Sposato irrigation company inc. was initially approved for PPP Loan of amount $323,720, the current approved amount is $323,720. The loan was approved on 04/09/2020 by The Wilmington Savings Fund Society, FSB reported 30 jobs and $323,720 was used to fund payroll.

Sposato irrigation company inc. is Existing or more than 2 years old

SPOSATO IRRIGATION COMPANY INC.

Date Approved

04/09/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

SPOSATO IRRIGATION COMPANY INC.

Borrower Address

16181 HUDSON RD

Borrower City

MILTON

Borrower State

DE

Borrower Zip

19968-3612

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

323720.00

Current Approval Amount

323720.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16710

Servicing Lender Name

Wilmington Savings Fund Society, FSB

Servicing Lender Address

500 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1490

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MILTON

Project County Name

SUSSEX

Project State

DE

Project Zip

19968-3612

CD

DE-

Jobs Reported

30

NAICS Code

561730

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2960.00

Payroll Proceed

273908.00

Mortgage Interest Proceed

0.00

Rent Proceed

2000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

44852.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

16710

Originating Lender

Wilmington Savings Fund Society, FSB

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

326185.59

Forgiveness Date

01/28/2021

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