PPP Loan information for Spec 7 group llc

$368,445

Spec 7 group llc was initially approved for PPP Loan of amount $368,445, the current approved amount is $368,445. The loan was approved on 02/19/2021 by The Frandsen Bank & Trust reported 18 jobs and $368,445 was used to fund payroll.

Spec 7 group llc is Existing or more than 2 years old

PPP Loan Search / MN / Ham Lake / Spec 7 group llc

SPEC 7 GROUP LLC

Date Approved

02/19/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

SPEC 7 GROUP LLC

Borrower Address

1340 157th Ave NE

Borrower City

Ham Lake

Borrower State

MN

Borrower Zip

55304-5524

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

368445.00

Current Approval Amount

368445.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ham Lake

Project County Name

ANOKA

Project State

MN

Project Zip

55304-5524

CD

MN-06

Jobs Reported

18

NAICS Code

238390

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

368442.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

370433.59

Forgiveness Date

09/15/2021

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