Spartacraft Inc.

$514,100 PPP Loan in Connelly Springs, North Carolina

Loan Details

Loan Number
2945587100
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$514,100
Current Approval
$514,100
Forgiveness Amount
$518,755
Forgiveness Date
Mar 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Spartacraft Inc.
Address
7690 Sparta Craft Dr
ZIP Code
28612-7221
Business Type
Corporation
Industry (NAICS)
Manufacturing (321999)
Business Age
Existing or more than 2 years old
Jobs Reported
29
Estimated Revenue
$28.8M
Rural/Urban
Rural
Congressional District
NC-10

Loan Use Breakdown

Payroll
$450,100
Rent
$12,000
Utilities
$20,000
Health Care
$20,000
Mortgage Interest
$6,000
Debt Interest
$6,000

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

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