BARRET SPOONLAND (ND) - 2020 PPP Loan Borrower Profile (# 4919007804)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BARRET SPOONLAND. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in North Dakota.

Loan Detail

Loan Number

4919007804

SBA Office Code

0875

Processing Method

PPP

Curent Loan Amount

$32,500

Date Loan was Approved

May 29, 2020

Amount Forgiven

$32,651.67

Date Loan was Forgiven

Nov 23, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

1,000

Payroll Proced

29,500

Mortgage Interest Proceed

2,000

Lender

First United Bank

Business Detail

Business Type

Sole Proprietorship

NAICS

111140

Borrower Location

PARK RIVER, ND

Project Location

PARK RIVER, ND

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.