Spice Investment Group, Inc.

$702,100 PPP Loan in Edina, Minnesota

Loan Details

Loan Number
2756377108
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$702,100
Current Approval
$702,100
Forgiveness Amount
$706,995
Forgiveness Date
Dec 22, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Spice Investment Group, Inc.
Address
5017 Bruce Ave
City
Edina
ZIP Code
55424-1319
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (812112)
Franchise
Great Clips
Business Age
Existing or more than 2 years old
Jobs Reported
116
Estimated Revenue
$22.2M
Rural/Urban
Urban
Congressional District
MN-05

Loan Use Breakdown

Payroll
$526,575
Utilities
$35,105
Health Care
$70,210
Mortgage Interest
$70,210

Lender Information

Servicing Lender
Alerus Financial, National Association
Originating Lender
Alerus Financial, National Association

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