PPP Loan information for Spartan electric

$61,250

Spartan electric was initially approved for PPP Loan of amount $61,250, the current approved amount is $61,250. The loan was approved on 01/21/2021 by The Desert Financial CU reported 4 jobs and $61,250 was used to fund payroll.

Spartan electric is Existing or more than 2 years old

SPARTAN ELECTRIC

Date Approved

01/21/2021

SBA Office Code

0988

Processing Method

PPP

Borrower Name

SPARTAN ELECTRIC

Borrower Address

19623 S Higley Rd

Borrower City

Gilbert

Borrower State

AZ

Borrower Zip

85297-8204

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

61250.00

Current Approval Amount

61250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

91239

Servicing Lender Name

Desert Financial CU

Servicing Lender Address

148 N 48th St

Servicing Lender City

PHOENIX

Servicing Lender State

AZ

Servicing Lender Zip

85034-1900

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Gilbert

Project County Name

MARICOPA

Project State

AZ

Project Zip

85297-8204

CD

AZ-05

Jobs Reported

4

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

61246.00

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

Corporation

Originating Lender Location Id

91239

Originating Lender

Desert Financial CU

Originating Lender City

PHOENIX

Originating Lender State

AZ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

62037.74

Forgiveness Date

05/12/2022

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