# PPP loan: SPEAR CONSTRUCTION CO. LLC
> **$361K** approved 04/28/2020 · Exemption 4 · Loan `8960827204`
## Borrower
- **Name:** SPEAR CONSTRUCTION CO. LLC
- **Address:** 18802 JAVELIN WAY, LAKEVILLE, MN, 55044-4014
- **NAICS:** 236220
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $361K
- **Initial approval:** $361K
- **Status:** Exemption 4
- **Term:** 72 months
## Use of funds
- **Payroll:** $321K
- **Rent:** $34K
- **Utilities:** $6K
- **Jobs reported:** 30
## Lender
- **Originating:** Merchants Bank, National Association
- **Servicing:** Merchants Bank, National Association (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*