PPP Loan information for Spotlight, llc

$270,000

Spotlight, llc was initially approved for PPP Loan of amount $270,000, the current approved amount is $270,000. The loan was approved on 04/03/2020 by The Aspire Bank reported 28 jobs and $270,000 was used to fund payroll.

Spotlight, llc is Existing or more than 2 years old

SPOTLIGHT, LLC

Date Approved

04/03/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

SPOTLIGHT, LLC

Borrower Address

15 BROADWAY N

Borrower City

FARGO

Borrower State

ND

Borrower Zip

58102-4907

Loan Status Date

10/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

270000.00

Current Approval Amount

270000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52841

Servicing Lender Name

Aspire Bank

Servicing Lender Address

5195 45th St South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58104-3339

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FARGO

Project County Name

CASS

Project State

ND

Project Zip

58102-4907

CD

ND-

Jobs Reported

28

NAICS Code

541613

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

13500.00

Payroll Proceed

189000.00

Mortgage Interest Proceed

27000.00

Rent Proceed

40500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

52841

Originating Lender

Aspire Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

272470.68

Forgiveness Date

03/11/2021

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