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
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

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