# PPP loan: SPACO INC
> **$243K** approved 06/12/2020 · Paid in Full · Loan `2884577909`
## Borrower
- **Name:** SPACO INC
- **Address:** 3461 E 14th St, Los Angeles, CA, 90023-3817
- **NAICS:** 424110
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $243K
- **Initial approval:** $243K
- **Forgiven:** $246K (101%)
- **Forgiveness date:** 08/18/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $243K
- **Jobs reported:** 21
## Lender
- **Originating:** FC Marketplace, LLC (dba Funding Circle)
- **Servicing:** Quontic Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*