# PPP loan: SPG DRY COOLING USA, LLC
> **$320K** approved 06/25/2020 · Paid in Full · Loan `3638798007`
## Borrower
- **Name:** SPG DRY COOLING USA, LLC
- **Address:** 1200 US Rte 22 East, BRIDGEWATER, NJ, 08807-2943
- **NAICS:** 423690
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $320K
- **Initial approval:** $295K
- **Forgiven:** $321K (101%)
- **Forgiveness date:** 02/11/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $256K
- **Rent:** $32K
- **Utilities:** $32K
- **Jobs reported:** 19
## Lender
- **Originating:** BSD Capital, LLC dba Lendistry
- **Servicing:** Lendistry SBLC, LLC (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*