PPP Loan information for Michael r. spencer inc.

$32,800

Michael r. spencer inc. was initially approved for PPP Loan of amount $32,800, the current approved amount is $32,800. The loan was approved on 04/08/2020 by The The Bank of Magnolia Company reported 3 jobs and $32,800 was used to fund payroll.

Michael r. spencer inc. is Existing or more than 2 years old

PPP Loan Search / OH / Canton / Michael r. spencer inc.

MICHAEL R. SPENCER INC.

Date Approved

04/08/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

MICHAEL R. SPENCER INC.

Borrower Address

908 17th St SE

Borrower City

Canton

Borrower State

OH

Borrower Zip

44707-3714

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

32800.00

Current Approval Amount

32800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57711

Servicing Lender Name

The Bank of Magnolia Company

Servicing Lender Address

122 N Main St

Servicing Lender City

MAGNOLIA

Servicing Lender State

OH

Servicing Lender Zip

44643-9216

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Canton

Project County Name

STARK

Project State

OH

Project Zip

44707-3714

CD

OH-13

Jobs Reported

3

NAICS Code

488410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

700.00

Payroll Proceed

27100.00

Mortgage Interest Proceed

0.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

57711

Originating Lender

The Bank of Magnolia Company

Originating Lender City

MAGNOLIA

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

33026.45

Forgiveness Date

12/17/2020

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