# PPP loan: SPACO INC.
> **$243K** approved 02/24/2021 · Paid in Full · Loan `3530568507`
## Borrower
- **Name:** SPACO INC.
- **Address:** 3461 E 14th St, Los Angeles, CA, 90023-3817
- **NAICS:** 424330
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $243K
- **Initial approval:** $243K
- **Forgiven:** $246K (101%)
- **Forgiveness date:** 03/28/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $243K
- **Utilities:** $1
- **Jobs reported:** 44
## Lender
- **Originating:** Open Bank
- **Servicing:** Open Bank (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*