# PPP loan: SPM TECHNOLOGY INC.
> **$331K** approved 04/10/2020 · Paid in Full · Loan `1725997109`
## Borrower
- **Name:** SPM TECHNOLOGY INC.
- **Address:** 300 PARK CENTRAL BLVD, GEORGETOWN, TX, 78626-7502
- **NAICS:** 332710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $331K
- **Initial approval:** $331K
- **Forgiven:** $317K (96%)
- **Forgiveness date:** 04/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $331K
- **Jobs reported:** 25
## Lender
- **Originating:** Broadway National Bank
- **Servicing:** Broadway National Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*