PPP Loan information for Spruceglen inc

$58,860

Spruceglen inc was initially approved for PPP Loan of amount $58,860, the current approved amount is $58,860. The loan was approved on 04/13/2020 by The Frandsen Bank & Trust reported 22 jobs and $58,860 was used to fund payroll.

Spruceglen inc is Existing or more than 2 years old

PPP Loan Search / MN / GRAND MARAIS / Spruceglen inc

SPRUCEGLEN INC

Date Approved

04/13/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SPRUCEGLEN INC

Borrower Address

208 E Hwy 61

Borrower City

GRAND MARAIS

Borrower State

MN

Borrower Zip

55604-0667

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

58860.00

Current Approval Amount

58860.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND MARAIS

Project County Name

COOK

Project State

MN

Project Zip

55604-0667

CD

MN-08

Jobs Reported

22

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5886.00

Payroll Proceed

44145.00

Mortgage Interest Proceed

8829.00

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

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

59276.05

Forgiveness Date

01/06/2021

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