Spruell Farms

$66,503 PPP Loan in Mount Hope, Alabama

Loan Details

Loan Number
1507367110
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$66,503
Current Approval
$66,503
Forgiveness Amount
$67,390
Forgiveness Date
Aug 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Spruell Farms
Address
189 County Road 36
State
Alabama
ZIP Code
35651-9592
Business Type
Partnership
Industry (NAICS)
Agriculture, Forestry, Fishing and Hunting (111998)
Business Age
Existing or more than 2 years old
Jobs Reported
6
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
AL-04

Loan Use Breakdown

Payroll
$49,877
Utilities
$6,650
Mortgage Interest
$9,975

Lender Information

Servicing Lender
First Metro Bank
Originating Lender
First Metro Bank

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