Spruceglen INC
$58,860 PPP Loan in Grand Marais, Minnesota
Loan Details
- Loan Number
- 4164847102
- Date Approved
- Apr 13, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $58,860
- Current Approval
- $58,860
- Forgiveness Amount
- $59,276
- Forgiveness Date
- Jan 6, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Spruceglen INC
- Address
- 208 E Hwy 61
- City
- Grand Marais
- State
- Minnesota
- ZIP Code
- 55604-0667
- Business Type
- Corporation
- Industry (NAICS)
- Accommodation and Food Services (721110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 22
- Estimated Revenue
- $6.9M
- Rural/Urban
- Rural
- Congressional District
- MN-08
Loan Use Breakdown
- Payroll
- $44,145
- Utilities
- $5,886
- Mortgage Interest
- $8,829
Lender Information
- Servicing Lender
- Frandsen Bank & Trust
- Originating Lender
- Frandsen Bank & Trust
Other PPP Loans in Grand Marais, MN
| Business | Approved | |
|---|---|---|
| Cook County Hospital District | $1,436,250 | |
| Sawtooth Mountain Clinic | $673,888 | |
| Hedstrom Lumber Company, Inc. | $378,500 | |
| Northwind Sailing, INC | $310,845 | |
| L. Jireh INC | $238,000 |
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