Date Approved
04/27/2020
SBA Office Code
0303
Processing Method
PPP
Borrower Name
SPRUCE INFOTECH, INC.
Borrower Address
600 Eagleview Blvd, Suite 300
Borrower City
EXTON
Borrower State
PA
Borrower Zip
19341
Loan Status Date
05/25/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
739046.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
121536
Servicing Lender Name
Customers Bank
Servicing Lender Address
40 General Warren Blvd
Servicing Lender City
Malvern
Servicing Lender State
Servicing Lender Zip
19355
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
CHESTER
Project State
Project Zip
19341-0001
CD
PA-06
Jobs Reported
42
NAICS Code
541511
Race
Asian
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Female Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
746173.24
Forgiveness Date
04/22/2021