PPP Loan information for Sprouse brothers company, inc

$102,000

Sprouse brothers company, inc was initially approved for PPP Loan of amount $102,000, the current approved amount is $102,000. The loan was approved on 04/28/2020 by The United Community Bank reported 19 jobs and $102,000 was used to fund payroll.

Sprouse brothers company, inc is Existing or more than 2 years old

SPROUSE BROTHERS COMPANY, INC

Date Approved

04/28/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

SPROUSE BROTHERS COMPANY, INC

Borrower Address

BROADWAY ST

Borrower City

PORTLAND

Borrower State

TN

Borrower Zip

37148-1506

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

102000.00

Current Approval Amount

102000.00

Undisbursed Amount

0.00

Franchise Name

Ace Hardware

Servicing Lender Location Id

19133

Servicing Lender Name

United Community Bank

Servicing Lender Address

177 Hwy 515 E

Servicing Lender City

BLAIRSVILLE

Servicing Lender State

GA

Servicing Lender Zip

30512-8579

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PORTLAND

Project County Name

SUMNER

Project State

TN

Project Zip

37148-1506

CD

TN-06

Jobs Reported

19

NAICS Code

444130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

102000.00

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

19133

Originating Lender

United Community Bank

Originating Lender City

BLAIRSVILLE

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

102855.12

Forgiveness Date

03/11/2021

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