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Sparta Electric INC

$162,038 PPP Loan in Elida, Ohio

Loan Details

Loan Number
7537377100
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$162,038
Current Approval
$162,038
Forgiveness Amount
$163,258
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Sparta Electric INC
Address
2440 Baty Rd
City
Elida
State
Ohio
ZIP Code
45807
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
OH-04

Loan Use Breakdown

Payroll
$130,038
Rent
$4,000
Utilities
$28,000

Lender Information

Servicing Lender
The Citizens National Bank of Bluffton
Originating Lender
The Citizens National Bank of Bluffton

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