# PPP loan: SPRINGFIELD GROUP INC.
> **$246K** approved 03/31/2021 · Paid in Full · Loan `3322998709`
## Borrower
- **Name:** SPRINGFIELD GROUP INC.
- **Address:** 483 Brooklyn Ave, Brooklyn, NY, 11225-4402
- **NAICS:** 424410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $246K
- **Initial approval:** $246K
- **Forgiven:** $247K (101%)
- **Forgiveness date:** 11/10/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $246K
- **Utilities:** $1
- **Jobs reported:** 25
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*