PPP Loan information for Spencer technologies inc

$2,000,000

Spencer technologies inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/30/2021 by The Rockland Trust Company reported 270 jobs and $2,000,000 was used to fund payroll.

Spencer technologies inc is Existing or more than 2 years old

PPP Loan Search / MA / Medway / Spencer technologies inc

SPENCER TECHNOLOGIES INC

Date Approved

01/30/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

SPENCER TECHNOLOGIES INC

Borrower Address

10 Trotter Dr

Borrower City

Medway

Borrower State

MA

Borrower Zip

02053-2299

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33263

Servicing Lender Name

Rockland Trust Company

Servicing Lender Address

288 Union St

Servicing Lender City

ROCKLAND

Servicing Lender State

MA

Servicing Lender Zip

02370-1803

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Medway

Project County Name

NORFOLK

Project State

MA

Project Zip

02053-2299

CD

MA-02

Jobs Reported

270

NAICS Code

561499

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999996.00

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

33263

Originating Lender

Rockland Trust Company

Originating Lender City

ROCKLAND

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2019000.00

Forgiveness Date

01/11/2022

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