Spring Grove Communications

$122,000 PPP Loan in Spring Grove, Minnesota

Loan Details

Loan Number
8763387302
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$122,000
Current Approval
$122,000
Forgiveness Amount
$122,824
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Spring Grove Communications
Address
166 W Main St
ZIP Code
55974-1444
Business Type
Cooperative
Industry (NAICS)
Information (517311)
Business Age
Unanswered
Jobs Reported
8
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$103,270
Utilities
$5,358
Health Care
$13,372

Lender Information

Servicing Lender
Merchants Bank, National Association
Originating Lender
Merchants Bank, National Association

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