# PPP loan: SPRING EQ, LLC
> **$2.08M** approved 04/27/2020 · Paid in Full · Loan `3813127203`
## Borrower
- **Name:** SPRING EQ, LLC
- **Address:** 2929 ARCH ST, PHILADELPHIA, PA, 19104-2857
- **NAICS:** 522292
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.08M
- **Initial approval:** $2.08M
- **Forgiven:** $2.11M (101%)
- **Forgiveness date:** 10/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.08M
- **Jobs reported:** 128
## Lender
- **Originating:** Flagstar Bank National Association
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*