Sparta Steel & Equipment Corp

$415,100 PPP Loan in East Sparta, Ohio

Loan Details

Loan Number
4619567000
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$415,100
Current Approval
$415,100
Forgiveness Amount
$418,353
Forgiveness Date
Jan 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Sparta Steel & Equipment Corp
Address
9875 Chestnut Ave SE
State
Ohio
ZIP Code
44626-9765
Business Type
Corporation
Industry (NAICS)
Retail Trade (454390)
Business Age
Existing or more than 2 years old
Jobs Reported
43
Estimated Revenue
$10.3M
Rural/Urban
Urban
Congressional District
OH-06

Loan Use Breakdown

Payroll
$347,988
Rent
$13,424
Utilities
$6,640
Health Care
$40,592
Debt Interest
$6,456

Lender Information

Servicing Lender
The Bank of Magnolia Company
Originating Lender
The Bank of Magnolia Company

Other PPP Loans in East Sparta, OH

BusinessApproved
Williams Super Service Inc.$667,350NewBizBotAI Deep Dive
Williams Super Service Inc.$570,300NewBizBotAI Deep Dive
Stanley Miller Construction Co Inc.$531,747NewBizBotAI Deep Dive
Sparta Steel & Equipment Corp$370,132NewBizBotAI Deep Dive
Malavite Excavating Inc.$135,110NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free