# PPP loan: SPOORENBERG, INC. DBA BIG O TIRES
> **$205K** approved 05/01/2020 · Paid in Full · Loan `1629787704`
## Borrower
- **Name:** SPOORENBERG, INC. DBA BIG O TIRES
- **Address:** 1219 Soquel Avenue, SANTA CRUZ, CA, 96062
- **NAICS:** 441320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $205K
- **Initial approval:** $205K
- **Forgiven:** $208K (102%)
- **Forgiveness date:** 11/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $187K
- **Mortgage interest:** $9K
- **Utilities:** $2K
- **Health care:** $7K
- **Jobs reported:** 18
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*