PPP Loan information for Spruce valley payroll & services inc

$69,100

Spruce valley payroll & services inc was initially approved for PPP Loan of amount $69,100, the current approved amount is $69,100. The loan was approved on 04/05/2020 by The First Western Bank & Trust reported 9 jobs and $69,100 was used to fund payroll.

Spruce valley payroll & services inc is Existing or more than 2 years old

SPRUCE VALLEY PAYROLL & SERVICES INC

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SPRUCE VALLEY PAYROLL & SERVICES INC

Borrower Address

821 3RD ST

Borrower City

FARMINGTON

Borrower State

MN

Borrower Zip

55024-1512

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

69100.00

Current Approval Amount

69100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52905

Servicing Lender Name

First Western Bank & Trust

Servicing Lender Address

900 S Broadway

Servicing Lender City

MINOT

Servicing Lender State

ND

Servicing Lender Zip

58701-4658

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FARMINGTON

Project County Name

DAKOTA

Project State

MN

Project Zip

55024-1512

CD

MN-02

Jobs Reported

9

NAICS Code

541214

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

69100.00

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

Subchapter S Corporation

Originating Lender Location Id

52905

Originating Lender

First Western Bank & Trust

Originating Lender City

MINOT

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

69564.51

Forgiveness Date

12/08/2020

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