PPP Loan information for Spruell farms

$66,503

Spruell farms was initially approved for PPP Loan of amount $66,503, the current approved amount is $66,503. The loan was approved on 04/10/2020 by The First Metro Bank reported 6 jobs and $66,503 was used to fund payroll.

Spruell farms is Existing or more than 2 years old

PPP Loan Search / AL / MOUNT HOPE / Spruell farms

SPRUELL FARMS

Date Approved

04/10/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SPRUELL FARMS

Borrower Address

189 COUNTY ROAD 36

Borrower City

MOUNT HOPE

Borrower State

AL

Borrower Zip

35651-9592

Loan Status Date

03/30/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

66503.00

Current Approval Amount

66503.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112619

Servicing Lender Name

First Metro Bank

Servicing Lender Address

406 W Avalon Ave

Servicing Lender City

MUSCLE SHOALS

Servicing Lender State

AL

Servicing Lender Zip

35661-2808

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNT HOPE

Project County Name

LAWRENCE

Project State

AL

Project Zip

35651-9592

CD

AL-04

Jobs Reported

6

NAICS Code

111998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6650.30

Payroll Proceed

49877.25

Mortgage Interest Proceed

9975.45

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Partnership

Originating Lender Location Id

112619

Originating Lender

First Metro Bank

Originating Lender City

MUSCLE SHOALS

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

67389.71

Forgiveness Date

08/10/2021

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