Spencer Recovery Centers

$500,000 PPP Loan in Laguna Beach, California

Loan Details

Loan Number
5575638507
Date Approved
Mar 1, 2021
Loan Status
Paid in Full
Initial Approval
$500,000
Current Approval
$500,000
Forgiveness Amount
$505,849
Forgiveness Date
May 17, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Spencer Recovery Centers
Address
1316 S Coast Hwy
ZIP Code
92651-3118
Business Type
Subchapter S Corporation
Industry (NAICS)
Health Care and Social Assistance (621498)
Business Age
Existing or more than 2 years old
Jobs Reported
107
Estimated Revenue
$19.0M
Rural/Urban
Urban
Congressional District
CA-47

Loan Use Breakdown

Payroll
$499,997
Utilities
$1

Lender Information

Servicing Lender
Citizens Business Bank
Originating Lender
Citizens Business Bank

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