Spann Enterprises, Inc.

$1,253,500 PPP Loan in Guntersville, Alabama

Loan Details

Loan Number
5457987009
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$1,253,500
Current Approval
$1,253,500
Forgiveness Amount
$1,267,567
Forgiveness Date
May 27, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Spann Enterprises, Inc.
Address
1110 Buck Island Dr
State
Alabama
ZIP Code
35976-8544
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722513)
Franchise
Mcdonalds
Business Age
Existing or more than 2 years old
Jobs Reported
399
Estimated Revenue
$70.8M
Rural/Urban
Rural
Congressional District
AL-04

Loan Use Breakdown

Payroll
$940,100
Rent
$227,700
Utilities
$85,700

Lender Information

Servicing Lender
Servisfirst Bank
Originating Lender
Servisfirst Bank

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