PPP Loan information for Spice investment group, inc.

$702,100

Spice investment group, inc. was initially approved for PPP Loan of amount $702,100, the current approved amount is $702,100. The loan was approved on 04/11/2020 by The Alerus Financial, National Association reported 116 jobs and $702,100 was used to fund payroll.

Spice investment group, inc. is Existing or more than 2 years old

SPICE INVESTMENT GROUP, INC.

Date Approved

04/11/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SPICE INVESTMENT GROUP, INC.

Borrower Address

5017 BRUCE AVE

Borrower City

Edina

Borrower State

MN

Borrower Zip

55424-1319

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

702100.00

Current Approval Amount

702100.00

Undisbursed Amount

0.00

Franchise Name

Great Clips

Servicing Lender Location Id

52795

Servicing Lender Name

Alerus Financial, National Association

Servicing Lender Address

401 DeMers Ave

Servicing Lender City

GRAND FORKS

Servicing Lender State

ND

Servicing Lender Zip

58201-4574

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Edina

Project County Name

HENNEPIN

Project State

MN

Project Zip

55424-1319

CD

MN-05

Jobs Reported

116

NAICS Code

812112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

35105.00

Payroll Proceed

526575.00

Mortgage Interest Proceed

70210.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

70210.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

52795

Originating Lender

Alerus Financial, National Association

Originating Lender City

GRAND FORKS

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

706995.20

Forgiveness Date

12/22/2020

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