PPP Loan information for Spruce technology, inc

$3,864,480

Spruce technology, inc was initially approved for PPP Loan of amount $3,864,480, the current approved amount is $3,864,480. The loan was approved on 04/27/2020 by The Republic First Bank d/b/a Republic Bank reported 258 jobs and $3,864,480 was used to fund payroll.

Spruce technology, inc is Existing or more than 2 years old

SPRUCE TECHNOLOGY, INC

Date Approved

04/27/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

SPRUCE TECHNOLOGY, INC

Borrower Address

1149 Bloomfield Ave Suite G

Borrower City

Clifton

Borrower State

NJ

Borrower Zip

07012

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3864480.00

Current Approval Amount

3864480.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112477

Servicing Lender Name

Republic First Bank d/b/a Republic Bank

Servicing Lender Address

50 S 16th St, Ste 2400

Servicing Lender City

PHILADELPHIA

Servicing Lender State

PA

Servicing Lender Zip

19102-2526

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Clifton

Project County Name

PASSAIC

Project State

NJ

Project Zip

07012-0301

CD

NJ-09

Jobs Reported

258

NAICS Code

541519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3864480.00

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

Corporation

Originating Lender Location Id

112477

Originating Lender

Republic First Bank d/b/a Republic Bank

Originating Lender City

PHILADELPHIA

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3906512.84

Forgiveness Date

06/09/2021

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