PPP Loan information for Spencer & sons floor covering inc

$115,662

Spencer & sons floor covering inc was initially approved for PPP Loan of amount $115,662, the current approved amount is $115,662. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 7 jobs and $115,662 was used to fund payroll.

Spencer & sons floor covering inc is New Business or 2 years or less

SPENCER & SONS FLOOR COVERING INC

Date Approved

05/01/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

SPENCER & SONS FLOOR COVERING INC

Borrower Address

2428 LANCASTER ST

Borrower City

WEST LINN

Borrower State

OR

Borrower Zip

97068-3828

Loan Status Date

05/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

115662.00

Current Approval Amount

115662.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

WEST LINN

Project County Name

CLACKAMAS

Project State

OR

Project Zip

97068-3828

CD

OR-05

Jobs Reported

7

NAICS Code

541330

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

115662.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

113272.38

Forgiveness Date

03/10/2021

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