PPP Loan information for Spec 7 group, llc

$368,445

Spec 7 group, llc was initially approved for PPP Loan of amount $368,445, the current approved amount is $368,445. The loan was approved on 04/13/2020 by The Frandsen Bank & Trust reported 18 jobs and $368,445 was used to fund payroll.

Spec 7 group, llc is Existing or more than 2 years old

PPP Loan Search / MN / ANDOVER / Spec 7 group, llc

SPEC 7 GROUP, LLC

Date Approved

04/13/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SPEC 7 GROUP, LLC

Borrower Address

1340 157th Ave NE

Borrower City

ANDOVER

Borrower State

MN

Borrower Zip

55304-5524

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

368445.00

Current Approval Amount

368445.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ANDOVER

Project County Name

ANOKA

Project State

MN

Project Zip

55304-5524

CD

MN-06

Jobs Reported

18

NAICS Code

221310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

368445.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

371503.60

Forgiveness Date

02/22/2021

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