PPP Loan information for Spruce street tap, llc

$958,900

Spruce street tap, llc was initially approved for PPP Loan of amount $958,900, the current approved amount is $958,900. The loan was approved on 01/16/2021 by The Newtek Small Business Finance, Inc. reported 88 jobs and $958,900 was used to fund payroll.

Spruce street tap, llc is Existing or more than 2 years old

SPRUCE STREET TAP, LLC

Date Approved

01/16/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

SPRUCE STREET TAP, LLC

Borrower Address

20 Spruce St

Borrower City

Asheville

Borrower State

NC

Borrower Zip

28801

Loan Status Date

03/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

958900.00

Current Approval Amount

958900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317954

Servicing Lender Name

Newtek Small Business Finance, Inc.

Servicing Lender Address

1981 Marcus Avenue

Servicing Lender City

LAKE SUCCESS

Servicing Lender State

NY

Servicing Lender Zip

11042

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Asheville

Project County Name

BUNCOMBE

Project State

NC

Project Zip

28801

CD

NC-11

Jobs Reported

88

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

958896.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

317954

Originating Lender

Newtek Small Business Finance, Inc.

Originating Lender City

LAKE SUCCESS

Originating Lender State

NY

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

967823.10

Forgiveness Date

02/15/2022

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