The Spruce Valley Corporation
$460,262 PPP Loan in Middle River, Minnesota
Loan Details
- Loan Number
- 9936287104
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $460,262
- Current Approval
- $460,262
- Forgiveness Amount
- $465,180
- Forgiveness Date
- May 21, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- The Spruce Valley Corporation
- Address
- 39469 130th Ave NE
- City
- Middle River
- State
- Minnesota
- ZIP Code
- 56737-9799
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Real Estate and Rental and Leasing (532412)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 19
- Estimated Revenue
- $8.6M
- Rural/Urban
- Rural
- Congressional District
- MN-07
Loan Use Breakdown
- Payroll
- $345,197
- Utilities
- $115,065
Lender Information
- Servicing Lender
- Northern State Bank of Thief River Falls
- Originating Lender
- Northern State Bank of Thief River Falls
Other PPP Loans in Middle River, MN
| Business | Approved | |
|---|---|---|
| The Spruce Valley Corporation | $519,408 | |
| Co-Operative Oil Association | $111,127 | |
| Co-Operative Oil Association | $111,127 | |
| Schenkey, INC | $87,452 | |
| Rudy Borg | $51,717 |
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