PPP Loan information for Sparta cooperative services

$262,000

Sparta cooperative services was initially approved for PPP Loan of amount $262,000, the current approved amount is $262,000. The loan was approved on 04/03/2020 by The River Bank reported 25 jobs and $262,000 was used to fund payroll.

Sparta cooperative services is Existing or more than 2 years old

PPP Loan Search / WI / SPARTA / Sparta cooperative services

SPARTA COOPERATIVE SERVICES

Date Approved

04/03/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

SPARTA COOPERATIVE SERVICES

Borrower Address

325 Hemstock Drive

Borrower City

SPARTA

Borrower State

WI

Borrower Zip

54656-2495

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

262000.00

Current Approval Amount

262000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76816

Servicing Lender Name

River Bank

Servicing Lender Address

145 N Main St

Servicing Lender City

STODDARD

Servicing Lender State

WI

Servicing Lender Zip

54658

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPARTA

Project County Name

MONROE

Project State

WI

Project Zip

54656-2495

CD

WI-03

Jobs Reported

25

NAICS Code

423860

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6000.00

Payroll Proceed

210348.00

Mortgage Interest Proceed

20000.00

Rent Proceed

25652.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Cooperative

Originating Lender Location Id

76816

Originating Lender

River Bank

Originating Lender City

STODDARD

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

253477.00

Forgiveness Date

11/12/2020

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