PPP Loan information for Sparks energy inc.

$1,653,405

Sparks energy inc. was initially approved for PPP Loan of amount $1,653,405, the current approved amount is $1,653,405. The loan was approved on 03/15/2021 by The Merit Bank reported 207 jobs and $1,653,405 was used to fund payroll.

Sparks energy inc. is Existing or more than 2 years old

PPP Loan Search / AL / Danville / Sparks energy inc.

SPARKS ENERGY INC.

Date Approved

03/15/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

SPARKS ENERGY INC.

Borrower Address

1370 Kirby Bridge Rd

Borrower City

Danville

Borrower State

AL

Borrower Zip

35619-6021

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1653405.00

Current Approval Amount

1653405.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3332

Servicing Lender Name

Merit Bank

Servicing Lender Address

659 Gallatin St SW

Servicing Lender City

HUNTSVILLE

Servicing Lender State

AL

Servicing Lender Zip

35801-4914

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Danville

Project County Name

MORGAN

Project State

AL

Project Zip

35619-6021

CD

AL-05

Jobs Reported

207

NAICS Code

237130

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1653405.00

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

3332

Originating Lender

Merit Bank

Originating Lender City

HUNTSVILLE

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1665070.69

Forgiveness Date

11/26/2021

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