The Spruce Valley Corporation

$519,408 PPP Loan in Middle River, Minnesota

Loan Details

Loan Number
1865778601
Date Approved
Mar 13, 2021
Loan Status
Paid in Full
Initial Approval
$519,408
Current Approval
$519,408
Forgiveness Amount
$521,258
Forgiveness Date
Jul 28, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
The Spruce Valley Corporation
Address
39469 130th Ave NE
ZIP Code
56737-9799
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (237990)
Business Age
Existing or more than 2 years old
Jobs Reported
39
Estimated Revenue
$12.1M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$519,408

Lender Information

Servicing Lender
Northern State Bank of Thief River Falls
Originating Lender
Northern State Bank of Thief River Falls

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