# PPP loan: SPI MANAGEMENT CO
> **$600K** approved 04/15/2020 · Paid in Full · Loan `1983067202`
## Borrower
- **Name:** SPI MANAGEMENT CO
- **Address:** 500 PADRE BLVD, SOUTH PADRE ISLAND, TX, 78597-7328
- **NAICS:** 721110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $600K
- **Initial approval:** $600K
- **Forgiven:** $606K (101%)
- **Forgiveness date:** 04/02/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $600K
- **Jobs reported:** 85
## Lender
- **Originating:** Lone Star National Bank
- **Servicing:** Lone Star National Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*