Date Approved
04/03/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
SPSM INDUSTRIES INC
Borrower Address
11950 12th Avenue South
Borrower City
Burnsville
Borrower State
MN
Borrower Zip
55337-1405
Loan Status Date
05/06/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
187200.00
Current Approval Amount
149185.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
38673
Servicing Lender Name
New Market Bank
Servicing Lender Address
101 Old Town Rd
Servicing Lender City
ELKO NEW MARKET
Servicing Lender State
Servicing Lender Zip
55054
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
DAKOTA
Project State
Project Zip
CD
MN-02
Jobs Reported
12
NAICS Code
333999
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
5000.00
Payroll Proceed
134185.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
10000
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
150717.72
Forgiveness Date
04/26/2021