# PPP loan: MASTERSPAS LLC
> **$4.62M** approved 04/29/2020 · Paid in Full · Loan `2859877304`
## Borrower
- **Name:** MASTERSPAS LLC
- **Address:** 6927 Lincoln Parkway, FORT WAYNE, IN, 46804
- **NAICS:** 326199
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.62M
- **Initial approval:** $4.62M
- **Forgiven:** $4.62M (100%)
- **Forgiveness date:** 11/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.63M
- **Rent:** $436K
- **Utilities:** $185K
- **Health care:** $293K
- **Debt interest:** $75K
- **Jobs reported:** 500
## Lender
- **Originating:** STAR Financial Bank
- **Servicing:** STAR Financial Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*