# PPP loan: SPM VENTURES LLC
> **$150K** approved 03/12/2021 · Paid in Full · Loan `1024598601`
## Borrower
- **Name:** SPM VENTURES LLC
- **Address:** 6424 Clinton Hwy, Knoxville, TN, 37912-1111
- **NAICS:** 541213
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $151K (101%)
- **Forgiveness date:** 10/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $150K
- **Utilities:** $1
- **Jobs reported:** 48
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*