Spring Down Equestrian Center

$85,923 PPP Loan in Portola Valley, California

Loan Details

Loan Number
5675337207
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$85,923
Current Approval
$85,923
Forgiveness Amount
$86,970
Forgiveness Date
Jul 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Spring Down Equestrian Center
Address
725 Portola Road
ZIP Code
94028-7205
Business Type
Subchapter S Corporation
Industry (NAICS)
Finance and Insurance (523999)
Business Age
New Business or 2 years or less
Jobs Reported
9
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
CA-16

Loan Use Breakdown

Payroll
$68,739
Utilities
$5,787
Mortgage Interest
$11,397

Lender Information

Servicing Lender
First-Citizens Bank & Trust Company
Originating Lender
Silicon Valley Bridge Bank NA

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