Spense Bros., Inc.
$322,500 PPP Loan in Brighton, Michigan
Loan Details
- Loan Number
- 8576737109
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $322,500
- Current Approval
- $322,500
- Forgiveness Amount
- $325,089
- Forgiveness Date
- Feb 9, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Spense Bros., Inc.
- Address
- 2094 Pless Dr.
- City
- Brighton
- State
- Michigan
- ZIP Code
- 48114-9463
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Administrative and Support and Waste Management (561790)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 29
- Estimated Revenue
- $6.3M
- Rural/Urban
- Rural
- Congressional District
- MI-07
Loan Use Breakdown
- Payroll
- $296,700
- Rent
- $8,800
- Utilities
- $17,000
Lender Information
- Servicing Lender
- Bank of Ann Arbor
- Originating Lender
- Bank of Ann Arbor
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