# PPP loan: SPRUCE SEAFOOD INC
> **$371K** approved 04/14/2020 · Paid in Full · Loan `6604927106`
## Borrower
- **Name:** SPRUCE SEAFOOD INC
- **Address:** 30 North Spruce Street, RAMSEY, NJ, 07446
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $371K
- **Initial approval:** $371K
- **Forgiven:** $374K (101%)
- **Forgiveness date:** 01/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $278K
- **Rent:** $56K
- **Utilities:** $19K
- **Debt interest:** $19K
- **Jobs reported:** 40
## Lender
- **Originating:** Unity Bank
- **Servicing:** Unity Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*