T. L. Sprague & Company, a California Corporation

$875,000 PPP Loan in Watsonville, California

Loan Details

Loan Number
7871067107
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$875,000
Current Approval
$539,612
Forgiveness Amount
$544,239
Forgiveness Date
Mar 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
T. L. Sprague & Company, a California Corporation
Address
195 Aviation Way, Suite 201
ZIP Code
95076
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (323111)
Business Age
Existing or more than 2 years old
Jobs Reported
34
Estimated Revenue
$33.7M
Rural/Urban
Urban
Congressional District
CA-19

Loan Use Breakdown

Payroll
$404,709
Rent
$67,452
Utilities
$67,452

Lender Information

Servicing Lender
Santa Cruz County Bank
Originating Lender
Santa Cruz County Bank

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