# PPP loan: SPARC SERVICES
> **$1.09M** approved 04/28/2020 · Paid in Full · Loan `1854677310`
## Borrower
- **Name:** SPARC SERVICES
- **Address:** 2350 W Westmoreland Street, Philadelphia, PA, 19140
- **NAICS:** 624120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.09M
- **Initial approval:** $1.09M
- **Forgiven:** $1.10M (101%)
- **Forgiveness date:** 04/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $821K
- **Rent:** $200K
- **Utilities:** $74K
- **Jobs reported:** 73
## Lender
- **Originating:** Fulton Bank, National Association
- **Servicing:** Fulton Bank, National Association (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*