PPP Loan information for Sparrow & sons inc

$274,000

Sparrow & sons inc was initially approved for PPP Loan of amount $274,000, the current approved amount is $274,000. The loan was approved on 04/12/2020 by The PNC Bank, National Association reported 18 jobs and $274,000 was used to fund payroll.

Sparrow & sons inc is Existing or more than 2 years old

SPARROW & SONS INC

Date Approved

04/12/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SPARROW & SONS INC

Borrower Address

305 West Weaver Street

Borrower City

CARRBORO

Borrower State

NC

Borrower Zip

27510-2021

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

274000.00

Current Approval Amount

274000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CARRBORO

Project County Name

ORANGE

Project State

NC

Project Zip

27510-2021

CD

NC-04

Jobs Reported

18

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

274000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

275644.00

Forgiveness Date

11/17/2020

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