# PPP loan: SPRUCE GROVE, INC.
> **$616K** approved 04/12/2020 · Paid in Full · Loan `4014547100`
## Borrower
- **Name:** SPRUCE GROVE, INC.
- **Address:** 3719 S Plaza Drive, SANTA ANA, CA, 92704-7463
- **NAICS:** 541990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $616K
- **Initial approval:** $616K
- **Forgiven:** $623K (101%)
- **Forgiveness date:** 05/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $616K
- **Jobs reported:** 35
## Lender
- **Originating:** Mechanics Bank
- **Servicing:** Mechanics Bank (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*