# PPP loan: SPRINGFIELD PARTNERS FOR COMMUNITY ACTION INC.
> **$496K** approved 04/29/2020 · Exemption 4 · Loan `2976007300`
## Borrower
- **Name:** SPRINGFIELD PARTNERS FOR COMMUNITY ACTION INC.
- **Address:** 721 STATE ST, SPRINGFIELD, MA, 01109-4109
- **NAICS:** 624190
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $496K
- **Initial approval:** $496K
- **Forgiven:** $94K (19%)
- **Forgiveness date:** 11/26/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $496K
- **Jobs reported:** 56
## Lender
- **Originating:** PeoplesBank
- **Servicing:** PeoplesBank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*