# PPP loan: SPARKS ENERGY INC.
> **$1.65M** approved 03/15/2021 · Paid in Full · Loan `2345298600`
## Borrower
- **Name:** SPARKS ENERGY INC.
- **Address:** 1370 Kirby Bridge Rd, Danville, AL, 35619-6021
- **NAICS:** 237130
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.65M
- **Initial approval:** $1.65M
- **Forgiven:** $1.67M (101%)
- **Forgiveness date:** 11/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.65M
- **Jobs reported:** 207
## Lender
- **Originating:** Merit Bank
- **Servicing:** Merit Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*