Spi Management Co

$600,000 PPP Loan in South Padre Island, Texas

Loan Details

Loan Number
1983067202
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$600,000
Current Approval
$600,000
Forgiveness Amount
$605,650
Forgiveness Date
Apr 2, 2021
Term
60 months
Draw
First Draw

Business Information

Business Name
Spi Management Co
Address
500 Padre Blvd
State
Texas
ZIP Code
78597-7328
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Business Age
Existing or more than 2 years old
Jobs Reported
85
Estimated Revenue
$26.6M
Rural/Urban
Urban
Congressional District
TX-34

Loan Use Breakdown

Payroll
$600,000

Lender Information

Servicing Lender
Lone Star National Bank
Originating Lender
Lone Star National Bank

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