# PPP loan: SPD GROUP, INC.
> **$638K** approved 04/15/2020 · Paid in Full · Loan `1163107206`
## Borrower
- **Name:** SPD GROUP, INC.
- **Address:** 4210 North Federal Highway, LIGHTHOUSE POINT, FL, 33064-6049
- **NAICS:** 448310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $638K
- **Initial approval:** $638K
- **Forgiven:** $644K (101%)
- **Forgiveness date:** 05/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $638K
- **Jobs reported:** 42
## Lender
- **Originating:** Ocean Bank
- **Servicing:** Ocean Bank (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*